💱 NZDCAD - A rebound before a further fall

14 בנוב׳ 2023

NZDCAD forms a trend change and continues to update local lows showing us the current trend.

Prerequisites for further decline:
1) The market is neutral, flat is formed
2) The price bounces from support and heads to resistance to retest the line.
3) Locally - bearish trend. Resistance may push the price back

Resistance levels: 0.8134, 0.8144, 0.8155
Support levels: 0.8098