TradingView
RRahman12
Feb 4, 2020 10:10 PM

NZDCAD SELL? Short

New Zealand Dollar/Canadian DollarFXCM

Description

As you can see the market dropped accordingly to the H&S and it's coming back for a retest. You could enter the trade here but just be aware that the trend line has been holding for nearly a year, giving us reason that it could be a retest. Also the RSI has recovered after dropping heavy, showing us that the market is not over sold.
More