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Nzd/Cad is bullish and next weekly target seems a lot higher
On the weekly chart there is a bullish trendline from the last lows that has been around for months now;
this is depicted as the grey line on the weekly chart
The price is holding above the blue line too -- this is the weekly SMA-100
Stoachistic and RSI-14 indicators show bullish signs
and the fibonacci expansion level 61.8% that I have drawn from the last weekly move
shows a target just above previous highs -- near 0.97 -- this is the…
On the weekly chart there is a bullish trendline from the last lows that has been around for months now;
this is depicted as the grey line on the weekly chart
The price is holding above the blue line too -- this is the weekly SMA-100
Stoachistic and RSI-14 indicators show bullish signs
and the fibonacci expansion level 61.8% that I have drawn from the last weekly move
shows a target just above previous highs -- near 0.97 -- this is the…