mngFX

NZDCAD 4HR- BULLS EXHAUSTED REVERSAL TO COME??

Short
OANDA:NZDCAD   NZD/CAD
Hello Traders!

Thank you for taking the time to read my ideas, any support and comments help me improve as well to gain confidence to continue my trading journey!

NZDCAD pushed up in the lower section of the trend channel but it looks short lived.. we can see multiple rejections at the resistance level of 0.9113 . Looking for a short opportunity.

Target @ the weekly support 0.8950

Good Luck!

Don't forget to click the LIKE button and FOLLOW me to see more ideas! I appreciate all the advice/support!
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.