Institutional Weekly and Daily Demand for NZD/CAD

Dear Traders,

NZD/CAD is currently sitting in daily and weekly demand. The daily zone is very complex due to it being our counter zone type of demand, however it stacks very well with the higher timeframe zone. If you're interested in learning our methods feel free to check out our IG.

Currently waiting for a break and re-test of the 1hour 50 EMA to see it go higher from current prices. The target in mind will be a 0.87500, which is slightly below the newly created supply zone. Let's see how it develops..

Best regards,

Max Nieveld