HashamARehman

NZDCAD - Double bottom hints for trend reversal...

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Here we are on NZDCAD daily chart as we can see this pair has formed very identical double bottoms around weekly support area near 0.8657 and buyers are taking price beyond neckline which is nearly at 0.8788 (daily resistance level) we would be interested in getting longs from the broken neckline as it may now act as RS Flip for the price. We would wait for bullish evidence on that zone. safe trading!
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