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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 !!
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snapshot


Waiting for this support to break ! Who is short ?
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Very nice! this is my idea
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SwissPips PRO MarlyForex
We have similar targets using two different techniques :) Good sign! Good luck and thank you for commenting and liking!
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MarlyForex SwissPips
Yeah sure is, lets wait & see and good luck also
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