New Zealand Dollar / Canadian Dollar
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💵NZDCAD: Potential Long

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Hi Everyone! Hope everyone is having a fantastic Friday.

We are currently looking at a potential long setup on the NZDCAD @ the to 0.86900 0.86300 zone. As you can see we have been getting Higher Highs and Higher lows, indicating a confirmed uptrend.
snapshot

So until the trend shows other wise we are looking for price to reject at its current zone and push down to our support zone at 0.86900 - 0.86300
snapshot

Does this mean it will be a definite long opportunity? No. The reason we say so is that we have to wait for confirmation of a valid setup increasing the odds of trend continuation.

Let us know your thoughts on the pair.

Happy Trading,
Wolf pack Team.

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