Nzd/cad update

11 Apr 2018

Ncad appears to be producing a buy setup. The sell long term (on the weekly) is what you want. Cad is looking like it may retrace. Should Ncad continue to breakout and continue to produce buy setups we may get something that goes all the way up and breaks the high and possibly breaks trend line. Remember that it never reached. I believe it completed a corrective wave pattern up, so I am expecting correction. Doesn't mean we can't get a large expanded flat that goes up and breaks the high.