💡Don't miss the great sell opportunity in NZDCAD

Apr 26, 2021

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.89870).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. NZDCAD is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 39.

Take Profits:
TP1= @ 0.89345
TP2= @ 0.89060
TP3= @ 0.88552
TP4= @ 0.88021
TP5= @ 0.87479

SL: Break Above R2

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