🚨CADNZD is Ready to Fall ➖5%🚨

pejman_zwin Updated   
CADNZD has managed to break the 🟢Support zone(1.213 NZD-1.202 NZD)🟢, SMA(200), Yearly Pivot Point(1.202 NZD), and the Support line.

💡We can consider the movement that CADNZD started about a year ago as a corrective movement in the direction of its previous main movement, which was downward and with high momentum.

🔔I expect CADNZD to continue its downward trend in the coming weeks and drop to at least 1.152 NZD.

Canadian Dollar/New Zealand Dollar Analysis (CADNZD), Daily time frame⏰.

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