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Malika_Analysis

SELL NZDCAD AT 0.86978

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Malika_Analysis  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis NZDCAD nzdcadshort nzdcadforecast nzdcadsell NZDUSD NZDCADANALYSIS NZDCADSIGNAL nzdcadlong
6
0
trendanalysis chartpattern waveanalysis nzdcad nzdcadshort nzdcadforecast nzdcadsell nzdusd nzdcadanalysis nzdcadsignal nzdcadlong
Price is currently in what i would see as a bullish retracement of the previous bearish move. NZDCAD currently has the potential to reach our marked entry point before advancing lower to meet our targets 1 and 2.

Entry - 0.86978
Stop loss - 0.87824
Take profit 1 - 0.85790
Take profit 2 - 0.85218
Capital risked - 2%

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