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If at all the pair manage to surpass the 1.3325 upside barrier, the 1.3380 & the 1.3420 can please buyers prior to challenging them with 1.3440-45 resistance-region. Given the pair’s ability to cross the 1.3445 mark, the 1.3500 & the 1.3565 might gain market attention.
we can see from the chart , the pair is trading under the level of 0.8300 , that's mean if the pair succeeded in breaking 0.8300 it will continue in uptrend to 0.8330 and then 0.8350 , but if the pair bounced from 0.8300 , it will continue in the down trend heading to 0.8270 and 0.8250
Nzd/Cad today pattern is bullish and proceed with this pattern
today,s obstruction level initially is 0.8551 in the event that break, at that point other target is 0.8581 on the off chance that both are break, at that point go more up shot
other solid supporting dimension today is 0.8511 in the event that supporting and opposition level not break, at that point target is day go is 0.8510 to 0.8547
Today technical analysis of Usd/cad is sell
Piviot Point is :1.3428
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 1.3461
Resistance level 2nd : 1.3496
Resistance level 3rd: 1.3521
My support is,,,,,
Supporting level first: 1.3405
Supporting level 2nd: 1.3393
Supporting level 3rd:1.3382
My trading plan for the NZDCAD is to look for long opportunities as long as it trades above 0.8231.
Right now it is trading at a level where it could signal a long opportunities. I’m only waiting for it to form a significant pattern with upward pressure:
Buy [Start] -> 0.8212
Buy [End] -> 0.8232
Stop Loss -> 0.8172
Max Take Profit -> 0.8277
Resistance 1 -> 0.8249
Resistance 2 -> 0.8344
Resistance 3 -> 0.8401
the trading now above the level of 0.8000 will make the uptrend expected and the pair might continue in it's upmovements heading to 0.8035 and then 0.8070 and that's before bouncing from the resistance levels
i think this pair will go up again sama as nzj but i dont have any buy setup for this pair........so sorry i can say more about this pair......maybe later we will get some good setup for it....waiting for bullish
i see the more bearish still play here. this bearish on this pair still nice to be search for sell as long as the strong supply area (near price 0.8180) still can not be break by buyer. search for sell with SL max. on above 0.8180 - wise decision,
Daily overview for NzdCad
The price is finding the first support at 0.8827 and the next support is at 0.8802 The price is finding the first resistance at 0.8872 and the next resistance is at 0.8894 I predict price will be continued falling today. The first target is the level 0.8801 After fixing below the first target, then price will go to the level of 0.8785 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Sell ---“
According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!