CAD is being prepared for the next week's burst due to US elections. Buyers are expected from me to visit the Canadian Dollar market. So technically speaking, we see a NZD really to be sold and a CAD ready to be bought. I don't know how you translate it but I would really love to see my favorite so-called "Waterfall Effect" being triggered.
Price is close to a dynamic resistance that will signal selling storm once kissed. However, for the time being, we notice a few daily candles that could mean that the downfall could start earlier. So don't be surprised and don't strictly wait for the 3rd touch to sell. Below, you can see a close look to the price and you will see clearer that price is about to fall.
Thanks for your time! Happy (and safe) trading!