NZDCAD Breakout on trend on the weekly support
Market Instrument: NZDCAD
Timeframe: H4
Analysis: Technical
Structure: Weekly Support and Trend Breakout
Prediction: Bullish
NZDCAD's trend breakout is a great sign for a good reversal to ride in on this weekly support. We can see that in history many repetitive reversals have formed on this weekly support where we are right now. Hope the following breakout supports a good bull ride in the coming days.
Timeframe: H4
Analysis: Technical
Structure: Weekly Support and Trend Breakout
Prediction: Bullish
NZDCAD's trend breakout is a great sign for a good reversal to ride in on this weekly support. We can see that in history many repetitive reversals have formed on this weekly support where we are right now. Hope the following breakout supports a good bull ride in the coming days.