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NZD/CAD
Short

NZDCAD: Consolidation Continues 🇳🇿🇨🇦

152
snapshot

NZDCAD is currently consolidating with a horizontal parallel channel.

We see a nice bearish reaction to its resistance:
the price formed a tiny double top pattern and started to fall.

Chances are high that the price will reach 0.804 level soon.

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Double Top or BottomForexforexfreesignalsforexsignalsforextradingforextradingsignalsParallel ChannelRectangle
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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.