Analysis

NZDCAD – Back @ LT Key Support (Daily chart)

Price Action Context
The key support we covered in our NZDCAD analysis with you on the 13th of February offered multiple potential entry opportunities for bulls before price took off 300+ pips towards the top of the range.Congratulations to those of you that managed to take advantage and profit from this move. Price is now back at this LT key support

 Trending Analysis
Bullish bias and bulls can look for possible trading locations around the key support.

Key Support & Resistance Zones
R: 0.9225 – 0.9280
S: 0.8900 – 0.8960

 

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