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Chibuike_Odoh

NZDCAD

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Chibuike_Odoh  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators NZD CAD newzealanddollar canadiandollar NZDCAD Forex currency
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trendanalysis chartpattern indicator nzd cad newzealanddollar canadiandollar nzdcad forex currency
NZDCAD brokeout above the downtrend resistance as expected from my previous analysis. The market is currently testing the pennant resistance. Rejection of the pennant resistance could be a bearish signal ⬇️. RSI bounce off could be a bearish confirmation 🔽. RSI is also printing a bearish divergence signal on the 4H timeframe.

Idées en relation

Chibuike_Odoh
NZDCAD -Potential rejection of descending triangle resistance 🔽
Chibuike_Odoh
NZDCAD
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