NZDCAD Swing trade analysis on dated 10-7-2019


The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 day moving average’s [Respectively at 0.87240 and 0.87840]

Recommendation: Sell/Sell limit @ 0.87500 Target: 200 pips