FX:NZDCAD   New Zealand Dollar/Canadian Dollar
95 4 1
Looking bullish to me. Some retracement probable.
I don't trade this pair but you study makes me wonder whether my AUD/USD short may work well when your NZD/CAD prognosis would come true. That's why I'm closing my Aussie position now.
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ForceFollower motleifaul
Don't worry. The aussie is clearly weak again, as it usually is. It should be weakening for another trading day or two. The U.S. dollar is still strong, maybe not as strong as the British pound, but it keeps strengthening. I believe, it may be the aussie's weakness that has been pulling the kiwi down not the other way round (Australia's economy is eight times bigger than the New Zealand's). I think that kiwi will strengthen but not as much as it was until Nov. 18th.
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This looks very well. It is the same picture as USD/MXN 3 days ago.
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ForceFollower motleifaul
Yeah, you're right. I can see the similarity, except for the fact that that one was on a daily chart and this one is on a 240. So, if your reading confirms on this pattern here as well, this one may be a happy win. :-)
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