Based on my analysis looking at the daily time frame
This pair could make a move to the upside to retest the "M" formation and find a new resistance before making a move to the downside....
If you have any contrary idea you cam as well share with me
Thank you ...
FROM THE MONTHLY TIME FRAME IT HAS MADE A RETRACEMENT TO THE 'W' FORMATION IT MADE AND WE ARE HOPING FOR A POSSIBLE LONG FROM NOW HENCE
THE MARKET IS REACTIVE NOT PREDICTIVE
RISK MANAGEMENT IS IMPORTANT
FX:NZDCAD
YOU CAN DROP YOUR COMMENT AND SHARE WHAT YOU FEEL ABOUT MY IDEA
IF YOU THINK ITS GOING SHORT YOU CAN AS WELL SAY AND DROP YOUR REASONS
THANK YOU......