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NZDCAD Short

Short
NZD/CAD (OANDA:NZDCAD)  
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OANDA:NZDCAD   NZD/CAD
Trend Analysis Support and Resistance Supply and Demand NZDCAD priceactionanalysis priceaction Forex Currencies priceactiontrading trading
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trendanalysis supportandresistance supplyanddemand nzdcad priceactionanalysis priceaction forex currencies priceactiontrading trading
Here on the weekly time frame, we can see price is within a descending channel. We are expecting a bearish momentum and trend as it hit the weekly resistance as well. If the weekly candles closes as a bearish engulfing candle we can expect a confirmed down trend signal.

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NZDCAD Short
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