NZDCAD reacting above key support at 0.87802. A short term bounce towards descending trendline resistance and 1st resistance at 0.88207 could be possible. RSI is testing support as well.
Trading Recommendation
Entry: 0.87802
Reason for Entry:
Graphical swing low support
Take Profit: 0.88207
Reason for Take Profit:
61.8% Fibonacci retracement, descending trendline resistance.
Stop Loss: 0.87570
Reason for Stop Loss:
161.8% Fibonacci extension