Trend:Bullish
Momentum:Bullish
Outlook:After prolong Downtrend look like NZDCAD preparing to go high either as correction or change in trend nevermind.If there is trade for taking let's grab it.In my opinion this price have bottomed around 0.9200 Level.I dont think that level is going to be broken in the near future.
Trade idea:Enter long around 0.9300 Level.Aim for 200 to 300 PIPS.Alternatively close below 0.9200 level will invalidate our set-up.
Momentum:Bullish
Outlook:After prolong Downtrend look like NZDCAD preparing to go high either as correction or change in trend nevermind.If there is trade for taking let's grab it.In my opinion this price have bottomed around 0.9200 Level.I dont think that level is going to be broken in the near future.
Trade idea:Enter long around 0.9300 Level.Aim for 200 to 300 PIPS.Alternatively close below 0.9200 level will invalidate our set-up.