MtxTrader

NZDCAD Break or Bounce? Probably Break

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Preparing for next week, price seems to be heading to the support trendline.

From there, I will be looking for a break to short.

I will not go long as price is currently downtrending, and in my eyes, is retracing.

I consider this a good bearish continuation setup.

We will see what next week will bring us.
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