FX.co ★ NZDCAD

Hello traders, who are studying and trading in the currency market. Let's conduct a technical analysis for a potential entry in the NZDCAD pair. From the chart, we can see a formed level from which it is best to make purchases at 0.8140. The buying target could be the update of the previous high at 0.8220. Stop losses should be set at a reversal signal at the price of 0.8110. Additionally, one can consider earning from sales after the level of 0.8140 is broken. All that's left is to adjust to the current market situation to gain profit.