mxxtrader

NZDCAD,240 trendfollowing could be the last wave before reversal

Short
mxxtrader Updated   
FX_IDC:NZDCAD   NEW ZEALAND DOLLAR / CANADIAN DOLLAR
i'm following this pair from the TOP, now about two months of this beatiful clear downtrend. Here we can work with two simple trendline that condunct and reject price down. After this pullback we should see price print a new LL. i have set a possible target going to weekly timeframe and looking to a multimonths support. ( This is my pair that i follow since the start of my journey if u want i m glad to see u follow me on instagram COMMUNITYTRADERS2392 here various analysis post, clearly i rechange the follow)
Comment:
we have CAD interest rate today, in theory the unchanged data should make more weak CAD but i prefer follow technical cause my little experience said to me that isn t always true. But let s later!
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