VladimirRibakov

NZDCAD Short Term Buy Idea

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OANDA:NZDCAD   NZD/CAD
D1 - After the strong bullish rally currently it looks like a correction is happening in the form of double wave down.

Price has reached a key support zone.

Bullish divergence.

H4 - Higher highs.

Currently it looks like a correction is happening.

Until the key support zone holds my short term view remains bullish here.

A valid breakout above the most recent downtrend line would be the validation for this bullish view.

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