Buy NZD/CAD after next Break of Structure.

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Buy NZD/CAD after next Break of Structure.New Zealand Dollar vs. Canadian DollarFX:NZDCADForexExpats1NZD has been sold aggressively and I think now is over done. Many crosses are at the bottom of recent ranges and a correction is overdue. I am therefore buying this pair NZD/CAD on the next Break of Structure and hopefully a spike into my buy limit. Profit will be 38.2% Fib level retracement or first cluster support. Buy Limit : 0.7975 (spike after BOS) Stop : 0.7919 Profit : 0.8088 38.2% Fib retracement Risk 1 : 2 / stop is 56 pips