New Zealand Dollar/Canadian Dollar
Short
Updated

NZDCAD: Important Breakout & Bearish Outlook

514
snapshot

NZDCAD finally broke below a support line of a major rising parallel channel on a daily.

This breakout will most likely lead to a shift in market sentiment and trend reversal.

With a high probability, a strong bearish wave is coming.

Next goals:
0.9
0.89
Note
Check my new idea on GOLD:
GOLD (XAUUSD): Next Week Will Be IMPORTANT. Here is WHY:

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.