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Forex48_TradingAcademy
Jun 12, 2023 5:06 PM

NZDCAD BEARISH SETUP BEFORE FED Short

OANDA:NZDCAD60
NZD/CADOANDA

Description

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On NZDCAD, we have a price consolidating around 0.8180 within an H1 supply zone. We anticipate a price decline followed by a bounce before descending towards the 0.808 area.

Happy trading to all. Nicola, CEO of Forex48 Trading Academy.
Trend AnalysisTechnical IndicatorsFundamental AnalysisshortsetupeducationstrategyNZDCADfeddollarSupply Zonesupply_and_demand
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