NZD/CADLong
Here's my NZDCAD analysis for the week 02/12/19.
The price is currently at 0.85053 ,
there's a probability of the bears gaining momentum with price dropping to the 0.84376 zone ,
if price breaks below this zone I'd be expecting the bears to drop to the 0.83688 & 0.82764 zone.
Its looking Like the beginning of a new uptrend,
If price breaks above the 0.85309 then I'd be expecting a long to the 0.836660 & 0.88940 zone.
With these stated above,there's a probability of a long term uptrend & a short term sell depending on market sentiments.
Cheers!!!
there's a probability of the bears gaining momentum with price dropping to the 0.84376 zone ,
if price breaks below this zone I'd be expecting the bears to drop to the 0.83688 & 0.82764 zone.
Its looking Like the beginning of a new uptrend,
If price breaks above the 0.85309 then I'd be expecting a long to the 0.836660 & 0.88940 zone.
With these stated above,there's a probability of a long term uptrend & a short term sell depending on market sentiments.
Cheers!!!
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