Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
NZD/CAD broke support zone
2019-11-11 • Updated
- NZD/CAD broke support zone
- Next sell target - 0.8800
NZD/CAD recently broke through the key round support level 0.9000. The breakout of this support level accelerated the active minor corrective wave 2 – which started earlier from the key resistance level 0.9200. NZD/CAD is expected to fall further toward the next sell target at the next support level 0.8800 (low of the previous corrective wave (2) from May).
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USD/CAD Short Trade
USDCAD began the week slightly higher reaching as high as 1.2510 but failed to sustain these gains.
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GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
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