Tuesday, June 14, 2016

$NZDCAD - My Top FX Trade of the Day - Buy NZD/CAD (15.06.16) -

$NZDCAD - My Top FX Trade of the Day - Buy NZD/CAD (15.06.16) -



The pacific currencies are relatively stronrger than the others lately, in a trend that is expected to continue into the near future. NZD/CAD is one of my top candidates since it is traded in low price levels, and after a downside move that show signs of termination and reversal. According to the Matrix price should keep moving forward towards the major resistance of the Matrix at 0.9406.

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