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NZDCAD: Important Bearish Breakout 🇳🇿🇨🇦
NZD/CHF
Short
NZDCAD: Important Bearish Breakout 🇳🇿🇨🇦
By VasilyTrader
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Dec 9, 2024
7
5
5
Dec 9, 2024
NZDCAD broke and closed below a key daily horizontal support.
The broken structure turned into a strong resistance now.
Taking into consideration the fact that the pair is trading
in a strong bearish trend since the end of September,
we can expect its continuation.
Next support - 0.507
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forexswingtrading
Supply and Demand
Support and Resistance
swing
swingtrader
swingtrading
swingtradingforex
swingtradingsignals
Wave Analysis
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