khng_444

Week 31: NZDCAD - Price rejection off 200 EMA

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
I will only be looking to short this pair,

1) Friday ended with a bear candle + decent volume
2) Price rejected twice off 200 EMA and trench (confluence factor)

Will be looking for a quick TP at 0.929 first and look for another possible short once 0.929 is broken.
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.