NZD/CAD: Bearish outlook (Weekly)

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Weekly shows that last week bears took again the control on the pair.

It should go and test next week the bottom of the KUMO corresponding to the 61.8% fib retracement, at around 0.87417.

I am selling this pair from tomorrow for a week time.

Comment: We see a nice candle exhaustion on the daily suggesting that it will go down tomorrow and test at least the 61.80% retracement as shown in my chart.
Comment: I will sell on pullbacks
Comment: Ok the strategy seems to confirm, finally !!
Follow my daily analysis and updates on Twitter:

Waiting for this support to break ! Who is short ?
Very nice! this is my idea
SwissPips MarlyForex
We have similar targets using two different techniques :) Good sign! Good luck and thank you for commenting and liking!
MarlyForex SwissPips
Yeah sure is, lets wait & see and good luck also
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out