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ANALYSIS ON NZDCAD

Short
New Zealand Dollar / Canadian Dollar (FOREXCOM:NZDCAD)  
SiriusTrading  
FOREXCOM:NZDCAD   New Zealand Dollar / Canadian Dollar
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ANALYSIS ON NZDCAD

Welcome to my analysis

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2HR CHart
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Interesting Point of interest In the NZDCAD pair.

- Price above 100/200 day EMA.
- sell at top 0.85000 zone.
- Expecting more downward momentum. Price could move to around 0.85400 before the fall
- Watch 0.84400 for take profit.
- MACD showing bearish divergence

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