NZDCAD have completed wave 2 which have unfolded as a complex correction WXY. Looks like currently price is making wave 1 of lower degree. If this count is correct we should expect price to retrace to the golden zone fib 50% to 61.8% before resuming the bullish momentum. Lets continue to monitor it a possible short setup when the 1st wave is completed.
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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.