NZD/CAD

NZD/CAD is look like it's going up again after ending the correction, the price now is facing the resistance @ 95.715 and trying to break it hardly, if the price able to break the resistance @ 95.715 today (06-02-2017) and a daily candle closed above the resistance @ 95.715 then we have a long trade.

and as usual we'll wait the price to retest the resistance @ 95.715 (which will become a new support) to reduce the stop loss



The Trade Setup :-

Trade = Buy
Trigger = Daily Candle Close above the level 95.715
Entry = 95.550
Stop = 95.090
Target 1 (Main Target) = 96.50
(Risk/Reward) 1 = 1:2
Target 2 (Secondary Target) = 98.00
(Risk/Reward) 2 = 1:5
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