The NZDCAD still bullish – Analysis – 16-3-2023
6 months ago

The NZDCAD pair formed correctional bearish rebound to touch 0.8450 level, affected by stochastic exit from the overbought areas, while the consolidation of the MA55 above the additional support 0.8360 confirms confining trades within the bullish track until this moment, to continue suggesting the bullish trades that might target 0.8540 followed by reaching the next main station at 0.8630.


The expected trading range for today is between 0.8430 and 0.8540



The expected trend for today: Bullish

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