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SwissPips

NZD/CAD: Bearish outlook (Weekly)

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
SwissPips Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
SELL selling Bearish Patterns Ichimoku Cloud
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4
sell selling bearish ichimokuclouds
Weekly shows that last week bears took again the control on the pair.

It should go and test next week the bottom of the KUMO corresponding to the 61.8% fib retracement, at around 0.87417.

I am selling this pair from tomorrow for a week time.

Comment:
We see a nice candle exhaustion on the daily suggesting that it will go down tomorrow and test at least the 61.80% retracement as shown in my chart.
Comment:
I will sell on pullbacks
Comment:
Ok the strategy seems to confirm, finally !!
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