NZDCAD Daily Analysis 3/8/20

2020-03-09 02:42:36

NZDCAD Long Idea

We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500

We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500

Look to target higher to fill this daily range at 0.87000 which is also monthly resistance