NZDCAD is showing a 5 swing sequence from 8/24 (0.8246) low and more upside is favored. Near term, pair is correcting cycle from 4/27 (0.86) low in 3, 7, or 11 swing before turning higher again. We plan to buy the pullback in 3, 7, or 11 swing for another extension higher.
Entry: 0.912 (updated Oct 23)
Stop loss: 0.8835 (updated Oct 23)
Take our free 14 Day Trial including access to Live Trading Room. We provide Elliott Wave chart in 4 different time frames for 52 instrument including forex, indices, and commodities. 1 hour chart is updated up to 4 times a day along with three live sessions, 24 hour chat room moderated by our expert analysts, market overview, and much more!
For free resources, you can check other technical articles at our Technical Blogs and check Chart of The Day. If you are new to Elliottwave, then visit our educational portal below and see how we can helpBack