Originally Posted by
yuyul
Today I will discuss about NZDCAD. I see the daily chart that indicate complete downtrend of this pair. Exponential Moving Average (5) 0.71003 : DOWN, Simple Moving Average (5) 0.71032 : DOWN, Exponential Moving Average (10) 0.70951 : DOWN, Simple Moving Average (10) 0.70939 : DOWN, Exponential Moving Average (20) 0.70962 DOWN . My predict price will falling today.
If you choose SELL position, then put a take profit at 0.8645 and stop loss at 0.8729 . Please avoid using big lot for your trade because this business is very dangerous. anything can happened in forex market. good luck to your trading my friend and I hope you can make consistent profit everyday. .