FxPro - Analytics


761.75 6.25/10
89% of positive reviews

NZDCAD Wave Analysis – 7 October, 2019

NZDCAD recently down from the resistance area lying between the major resistance level 0.8410 and 61.8% Fibonacci correction of the previous sharp downward impulse wave 1 from September.

The downward reversal from this support area started the active short-term impulse wave 3.

With the rising Canadian Dollar bullishness – NZDCAD is expected to fall further and retest the next support level 0.8300 (former support from last month)1570458787

To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree