NZDCAD SHORT TRADE Short

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ Mar 13, 2020 8:05 AM

NZDCAD is based below key level at 0.8568
Below SMA 100 on H1 frame
Price rejected from 50% Fibonacci of preceding bearish wave at level 0.8573
MACD shows start of bearish momentum
It's expected more selling to target demand zone at level 0.8305

Comments

transparent-fx

⋅ Mar 30, 2020 12:06 PM

I made a breakdown on NZ as well, this is what I have