NZDCAD Bullish

2018년 2월 22일

With disappointing news about CAD retail sales earlier and oil continues to fall, while NZD's TPP deal is expected to boost New Zealand's GDP growth, riding the current bullish trend for this pair, with TP near 95 and SL between R1 and base pivot lines (H1).

poundsterlinglive.com/cad/8570-canadian-dollar-retail-sales-in-focus-as-strategists-eye-1-2711-on-usd-cad

reuters.com/article/us-global-oil/oil-falls-as-stronger-dollar-eclipses-us-inventory-drop-idUSKCN1G6049

news.torfx.com/post/2018-02-21_pound-new-zealand-dollar-gbp-nzd-exchange-rate-tumbles-as-uk-unemployment-rises/

Daily:


Weekly:



Confidence: A (but must still be careful about getting whipsawed because pair might consolidate instead if there's another geopolitical news about oil)