NZDCAD 4hour Analysis 4/5/20
NZDCAD Short Idea
All major timeframes are significantly bearish and we are looking to continue with this trend.
At the current level we would like to see a retest of our weekly resistance followed by strong bearish setups. This would present a high probability trade and one that would be of good risk to reward.
Look to target lower toward major support levels and potentially all the way down toward our monthly support around 0.80500
All major timeframes are significantly bearish and we are looking to continue with this trend.
At the current level we would like to see a retest of our weekly resistance followed by strong bearish setups. This would present a high probability trade and one that would be of good risk to reward.
Look to target lower toward major support levels and potentially all the way down toward our monthly support around 0.80500
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