Hey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.82600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82600 support and resistance area.
We would also like to consider the current bullish bias on indices and the bearish USD, these factors are positive for commodity linked pairs like NZDCAD and AUDCAD due to the correlation.
Trade safe, Joe.
We would also like to consider the current bullish bias on indices and the bearish USD, these factors are positive for commodity linked pairs like NZDCAD and AUDCAD due to the correlation.
Trade safe, Joe.
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