Possible short opportunity on NZD/CAD.
following a break out from the uptrend, the price has returned with bullish momentum and has now reached an area of resistance.
Following a break in the trend line, bearish rejection at this zone (0.9190), and signals from the MACD and RVI I believe we could see bearish momentum down to support at 0.9050.
following a break out from the uptrend, the price has returned with bullish momentum and has now reached an area of resistance.
Following a break in the trend line, bearish rejection at this zone (0.9190), and signals from the MACD and RVI I believe we could see bearish momentum down to support at 0.9050.