NZD/CAD (Weekly Chart) - Nearing Top of Range
This pair is nearing the top of the large range, meaning the odds for a short trade are becoming better.
The biggest question is where the bears will start stepping in.
Currently, the momentum is still bullish, so I will continue to monitor for signs of red bars forming to signify the sellers coming in.
It could happen at the current levels, or near the 0.96079 level.
The biggest question is where the bears will start stepping in.
Currently, the momentum is still bullish, so I will continue to monitor for signs of red bars forming to signify the sellers coming in.
It could happen at the current levels, or near the 0.96079 level.
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Telegram: t.me/synapsetrading
Youtube: bit.ly/2AaUK4C
Twitter: bit.ly/2DLoV6X
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