NZDCAD is trading at 0.8273, and we see two possible outcomes depending on how it reacts to the trendline resistance:
Scenario 1: Price Breaks Above the Trendline Resistance
If the price moves above the trendline resistance, it could rise to the first target at 0.8358.
If it continues upward and breaks this level too, the next target would be 0.8410.
Scenario 2: Price Fails to Break the Trendline Resistance
If the trendline resistance holds and the price doesn’t break above it, it could drop to 0.8200.
Key Points
Watch the trendline resistance carefully, it will show whether the price is likely to go up or down.
Look for clear signal, like strong moves or patterns, to confirm the direction.
Always manage your risk with stop-loss orders.
Scenario 1: Price Breaks Above the Trendline Resistance
If the price moves above the trendline resistance, it could rise to the first target at 0.8358.
If it continues upward and breaks this level too, the next target would be 0.8410.
Scenario 2: Price Fails to Break the Trendline Resistance
If the trendline resistance holds and the price doesn’t break above it, it could drop to 0.8200.
Key Points
Watch the trendline resistance carefully, it will show whether the price is likely to go up or down.
Look for clear signal, like strong moves or patterns, to confirm the direction.
Always manage your risk with stop-loss orders.
交易結束：目標達成
As expected, the price didn’t break the trendline resistance and dropped to 0.8200.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。