FxPro - Analytics

FxPro

761.75 6.25/10
89% of positive reviews
Real

NZDCAD Wave Analysis 10 March, 2021

NZDCAD Wave Analysis 10 March, 2021

• NZDCAD reversed from support level 0.9000

• Likely to reach resistance level 0.9100

NZDCAD recently reversed up from the round support level 0.9000 (which reversed the pair multiple times in December) – standing outside of the the lower daily Bollinger Band and intersecting with the 61.8% Fibonacci correction of the upward impulse from November.

The upward reversal from the support level 0.9000 started the active short-term impulse wave 3.

NZDCAD is likely to rise further toward the next resistance level 0.9100 (former monthly low from February).

NZDCAD Wave Analysis 10 March, 2021


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