NZD/CAD Trading Analysis (15/04/2024)

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and Stochastic Oscillator signals the oversold state. The Pivot 2 of the wave C is breached with the upright movement.

Trading idea:

Buy at 0.8190.

Stop-Loss at 0.8166.

Target price levels at 0.8220 and 0.8244.

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