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Smartwomanyaz_
Feb 14, 2021 4:09 AM

NZDCAD Bearish Moves Short

New Zealand Dollar/Canadian DollarFXCM

Description

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.
Comments
abuitsme
I hope your analysis is correct..
Smartwomanyaz_
@abuitsme what’s your analysis on this pair ?
abuitsme
@YasmeenW_, same as your...
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