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VladimirRibakov

NZDCAD Rally Before the Sell Off

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
VladimirRibakov  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD SELL short Trend Lines
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nzdcad sell short trendline
Price is currently at the bearish weekly trend line. In the shorter term bearish corrections are possible but I expect the trend line to be broken and 0.98 - 1.00 zone to be reached.

If that happens I want to see a trend line breakout to the down side on the Daily chart, followed by corrections and then sell.

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