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themarketzone
Feb 23, 2015 1:36 PM

Perfect trend in $NZDCAD - New record coming?  

New Zealand Dollar/Canadian DollarFXCM

Description

The NZDCAD provides a classical trend chart.
Broken Resistances becoming support which lead to new highs.
Higher Highs, Higher lows.. just like written in the books.
Can it last forever? Of course not.. but we are going to find out real soon whether it can last for another round..

Shorting opportunity for the bears.
The bulls will have to wait for the breakout.
Nice classical structure and trend analysis
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