TomProTrader

-NZDCAD: Clear Bearish Conviction, Expecting Deeper Lows! -Forex

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
12
Traders,

We have a nice bearish kicker signal today, right at the Fibonacci confluence ceiling, shows this is a high probability shorting area. I like the lower low, and clear candlestick bearish conviction here. It is clear the bears are in this pair, right at the 200 moving average, will we break the 200 moving average and have a steeper move?

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Thanks for your support,
Regards
Tom
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