Trend:Range
Momentum:Bullish
Outlook:NZDCAD is in range market condition as like most of the pairs in the recent months.NZDCAD managed to bounce from range support of 0.9425 Zone on friday.We can expect the price to go up in the coming days.Being a range market it is better to keep TP levels at minimum.The price should move atleast 150 PIPS to 0.9650 Level.
Trade idea:Look to buy around 0.9500 level with SL below 0.9425 Level.Aim for 100 to 150 PIPS.
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