FxPro - Analytics

FxPro

761.75 6.25/10
89% of positive reviews
Real

NZDCAD Wave Analysis 24 March, 2021

NZDCAD Wave Analysis 24 March, 2021

• NZDCAD falling inside sharp impulse wave 3

• Likely to reach support level 0.8635

NZDCAD continues to fall inside the sharp impulse wave 3 which started earlier from the resistance zone lying between the resistance level 0.900 (former support from December) and the 61.8% Fibonacci correction of the upward impulse from November.

The active impulse wave 3 belongs to the intermediate impulse sequence (C) from the start of March.

NZDCAD is likely to fall further toward the next support level 0.8635 (multi-month low from October and the target price for the completion of the active impulse wave (C)).

NZDCAD Wave Analysis 24 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