FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Nzdcad looks like its repeating basically the same move it made in 2019. Price has reached a strong support / supply area .. which happens to also be 38.2 fib level coming from the weekly chart. I think Nzdcad will break through the bullish daily trendline which will confirm a longterm bearish move.



If you agree with my analysis please like or comment your thoughts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.