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MilonDip

NZD/CAD technical(Ichimoku,MACD,CurrencyStrength) & funadamental

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
MilonDip  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Beyond Technical Analysis Fundamental Analysis ichimokukinkohyo currencystrength fundamental-analysis Technical Analysis
2
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trendanalysis beyondta fundamental ichimokukinkohyo currencystrength fundamental-analysis technicalanalysis
Technical:
1.Ichimoku: Ichimoku giving a sell signal.
snapshot

2.MACD: MACD is also giving a sell signal.
snapshot

3.Currency Strength:
NZD is much weaker than CAD

Fundamental:
Due to the trade war between China & US, Chinese currency is weakening, so is NZD..
Crude Oil price gaining strength, so is CAD.

Trading Plan:
I'll Open short position when market opens (20 May)
There is a news release of CAD on 22 May, I'll stay away from the market at that time(OR I'll put a large stop loss).
And I hope I can Continue with this pair this whole week, Since there is no other news releases awaiting for this pair.

I'll keep updating....
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