NZDCAD is still trading within the range of 0.87200 and 0.87820 and right now we've seen it reject prices lower then the 0.87200 support zone. The market simply created pinbars confirming that the price is rejecting. A buy trade would give us a Risk-reward of 1:2.5 and greater depending on the entry level.
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the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Thanks for viewing.
Comment with your thoughts I'd like to hear them.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.