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
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
❤️ Telegram channel: t.me/AndeWave
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
❤️ Telegram channel: t.me/AndeWave
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.