NZDCAD: Important Breakout & Bearish Outlook

Short

New Zealand Dollar/Canadian Dollar (FX:NZDCAD)

Updated

FX:NZDCAD New Zealand Dollar/Canadian Dollar

Trend Analysis Chart Patterns Wave Analysis canadiandollar NZD CAD Forex trading Technical Analysis NZDCAD Currencies

trendanalysis chartpattern waveanalysis canadiandollar nzd cad forex trading technicalanalysis nzdcad currencies

snapshot

NZDCAD finally broke below a support line of a major rising parallel channel on a daily.

This breakout will most likely lead to a shift in market sentiment and trend reversal.

With a high probability, a strong bearish wave is coming.

Next goals:
0.9
0.89

Comment:

Check my new idea on GOLD:

GOLD (XAUUSD): Next Week Will Be IMPORTANT. Here is WHY:

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about XAUUSD 12

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.