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Wednesday, July 21, 2021

๐Ÿ’กDon't miss the great sell opportunity in NZDCAD

๐Ÿ’กDon't miss the great sell opportunity in NZDCAD

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.8817).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. NZDCAD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 33.

Take Profits:
TP1= @ 0.8760
TP2= @ 0.8724
TP3= @ 0.8678
TP4= @ 0.8661
TP5= @ 0.8632

SL: Break Above R2

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