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NZD-CAD-SELL

NZDCAD: SELL We are seeing a possibility for more Bears to enter NZDCAD for this upcoming week. Off of the Weekly time frame, you can see an obvious area of resistance that was respected back on December 16, 2018 and again March 17, 2019. Seeing that price could be holding this resistance, we can expect a nice entry zone for Bears between 0.92125 - 0.91766 (based off our pivot point confluence drawn up on the H1 time frame). If price hits this zone this week, expect to win about 100 pips near the Exit zone drawn up on our analysis here.
Short
by cupofconfidence
NZDCAD: SELLPrice is currently at all-time highs right now which means it can be a great opportunity for SELLS (Bears). We drew a Fibonacci from the most recent high to low and we can definitely see that right at the 61.80 level there was a Double Top and also right at the sell level from last month and also this month if you trade using Pivots. Possible entry for Bears is at 0.9200 , possible exit/take profit area is right around 121.4 (-21.40 %) and 138.2 (-38.20%) of the Fib that has been drawn.
Short
by cupofconfidence