#NZDCAD OVERVIEW MARCH 7TH - 12TH

HELLO TRADERS,


WE HAVE ANOTHER ANALYSIS SEEING THE DEMAND AND LIMIT ON SUPPLY FOR OIL PRODUCTION.

WE WERE ORIGINALLY SHORT EARLIER THIS WEEK NZDCAD BUT NOW FOR THE CORRECTION.

SO WE WILL SEE FROM HERE SHOULD LONG OR SHORTS CONTINUE BUT WE HAVE IT MARKED OUT.

OUR BIAS IS TO THE TO THE DOWNSIDE CONTINUED WITH A CORRECTION TO .91600-.91700

ABOVE THAT, BUYERS MAY STEP BACK IN.


THE TRADING REGIME.


NZDCAD