Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
NZDCAD Daily Analysis 2/16/20
New Zealand Dollar/Canadian Dollar
Short
NZDCAD Daily Analysis 2/16/20
By ForexLeague
Follow
Follow
Feb 16, 2020
9
2
2
Feb 16, 2020
NZDCAD Short idea
This pair has been very bearish after seeing strong rejection from the weekly 88.6% fib level.
We’re now seeing a healthy trend print lower lows and lower highs repeatedly
Look to re-enter on a key fib level retracement and/or significant pattern with strong bearish setups.
Target for this setup will be 0.84000
CAD
Chart Patterns
Forex
Technical Indicators
NZD
NZDCAD
patterntrading
shortsetup
Technical Analysis
Trend Analysis
trendtrading
ForexLeague
Follow
Also on:
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
.