📣#NZDCAD| The price is close to a critical zone

Short

New Zealand Dollar/Canadian Dollar (FX:NZDCAD)

FX:NZDCAD New Zealand Dollar/Canadian Dollar

chartpattern trendanalysis waveanalysis nzdcadshort

📣#NZDCAD| The price is close to a critical zone

From the chart, we can see that the price is close to a critical area.

After the price went up almost 1200 pips without taking a break, maybe now is a perfect time for correction.

Price is testing a very old resistance zone and it could push it back down for correction.

Targets:
🎯 0.8500
🎯 0.8340

Thank you and Good Luck!

✅MY Free Signals
t.me/TradingPuzzles

✅Personal Telegram
t.me/KlejdiCuni

✅YouTube
www.youtube.com/@TradingPuzzles

✅My FX Broker
bit.ly/49VySJF

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.