NZDCAD LONG - Waiting for the Re-Test of Support now Resistance
After a 10%+ move since the 25th March 2019 we now have a technical break which brings into focus the 61.8% FIB target price.
This is removed from the normal issues around the globe and concentrates directly on Reserve Bank Interest rates.
(NZD has stopped cutting and the CAD is only just starting to the cut)
Wait for the re-test of the support now resistance and close half at the 32.8 FIB and reminder at the break-even.
This is removed from the normal issues around the globe and concentrates directly on Reserve Bank Interest rates.
(NZD has stopped cutting and the CAD is only just starting to the cut)
Wait for the re-test of the support now resistance and close half at the 32.8 FIB and reminder at the break-even.