NZD/CAD
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NZD/CAD On Its Way to the 0.8989 Mark ๐Ÿ”จ๐Ÿ”จ๐Ÿ”จ

๐Ÿ’ก Trade Idea

๐Ÿ“‰ Sell Limit NZD/CAD @ 0.9088

๐ŸŽฏ Target Profit 0.8989

๐Ÿ›‘ Stop Loss 0.9110

โŒ Do not risk more than 1 % of your account on each trade

๐Ÿ™‚ Good Luck !

Description:
The pair is trading within a corrective channel, and it faced a daily resistance by rejecting it. We have a 61.8% Fibonacci pullback @ 0.9094 which might lead to a reversal and a move to the downside to the 0.8989 mark.
fakebreakoutFibonacciFibonacci RetracementForexPivot PointspriceactionreversalSupport and ResistanceTechnical Analysis

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