FX:NZDCAD New Zealand Dollar/Canadian Dollar
The Kiwi has been taken to the woodshed since March. Currently in a downtrend with a much steeper downtrend since July. This steep downtrends are much tougher to hold. Additionally, the 1.618 extension from the initial move is close. Could we see a pullback here? I'll be waiting for price action to tell me the story. Good Luck!