Hello Traders,
On NZDCAD we have broke our of the bearish trend line after seeing a double bottom.
Currently we are sitting on the next level of resistance which needs to be broken before we will enter any buy positions.
If we see continued bearish momentum we can enter a sell position because the downward trend is still in play.
Thanks all,
On NZDCAD we have broke our of the bearish trend line after seeing a double bottom.
Currently we are sitting on the next level of resistance which needs to be broken before we will enter any buy positions.
If we see continued bearish momentum we can enter a sell position because the downward trend is still in play.
Thanks all,