NZDCAD Short

Similar to USDCAD, riding its bearish trend especially with the political uncertainty in the upcoming election in New Zealand and strong bullish sentiment on CAD right after BOC's rate hike. Must monitor closely especially right before NZ's election next week (9/23). Setting up a sell stop order with TP near 0.85 (prior period's S3 pivot line) and SL between S1 and base pivot lines.


www.fxstreet.com/new...tar-anz-201709061134
seekingalpha.com/art...-cad-weakness-follow


Daily:

Weekly:

Confidence: A (monitoring closely especially for any developments regading New Zealand's election)

Order cancelled:

Sell stop order not yet hit, will setup a new one next week.