💱 NZDCAD - Preparing for a further fall. False breakdown
The NZDCAD makes a false breakout of the level 0.84245 and a false breakout of the ascending resistance line. Price is not ready to rise.
TA on the high timeframe:
1) sideways range. A correction is forming after a small rally
2) The price updates the local minimum and consolidates under the level 0.84150.
TA on the low timeframe:
1) False breakout of strong resistance
2) Price consolidates in the sell zone
3) Price is in the 0.8425 - 0.8335 range.
4) The price can go from the resistance to the support at 0.8335.
Key resistance 0.8425
Key support 0.8396, 0. 8375
TA on the high timeframe:
1) sideways range. A correction is forming after a small rally
2) The price updates the local minimum and consolidates under the level 0.84150.
TA on the low timeframe:
1) False breakout of strong resistance
2) Price consolidates in the sell zone
3) Price is in the 0.8425 - 0.8335 range.
4) The price can go from the resistance to the support at 0.8335.
Key resistance 0.8425
Key support 0.8396, 0. 8375
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.