NZDCAD Alt. Bat

47
I've drawn three slopes. There is a horizontal range 0.87-0.96, a shaded channel and a steeper ML. There isn't enough momentum to go to the median line but I think the trend will likely continue above the strong resistance at 0.96. The CAD is likely to weaken as oil's possible anticipated bounce to $55-60 fails to materialize but rather we see a decline to possibly below $40. I've drawn an alt. bat to suggest a possible target.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.