NZDCAD should go up until the 0.382 fib level (MAJOR LEVEL). We will see after what's gonna happen. We will look soon if it will continu until the 0.236 fib level. WHY?
-we hit the 0.5 fib level.
-There's a triangle formation which shows that the market will reverse soon.
-No confirmation from the MACD. We should see a cross-over soon.
-No RSI confirmation. At the 45 level the market is not overbought or oversold.
-TP should be at 0.94142.
-STOP lost 0.91.
-we hit the 0.5 fib level.
-There's a triangle formation which shows that the market will reverse soon.
-No confirmation from the MACD. We should see a cross-over soon.
-No RSI confirmation. At the 45 level the market is not overbought or oversold.
-TP should be at 0.94142.
-STOP lost 0.91.