Envious_

NZDCAD short idea

Short
OANDA:NZDCAD   NZD/CAD
NZDCAD looks like it is still carrying on its long-term downtrend and hopefully this idea does happen. RSI is below 50 the neutral point at 45 showing increased selling pressure against the buyers. I am expecting a possible retracement to the resistance level, in which I hope that price rejects off this resistance and begins falling again. Good luck and stay patient!

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