My bias was strongly bullish on this pair but i see since we are at alltime highs the NZDCAD is making an important correction or may be a trend change.
Looking at W1 chart we have a bearish bat:
Here at D1 chart we have a bearish butterfly. I didnt place a limit order there before because a bounce on 0.95 level could happen.
Price tried to bounce at that level and finally failed to hold above it. Now its loosing strenght against all currencies very quickly
Target 1 is more realistic but just in case i placed the targets from W1 chart also.
Best regards
Looking at W1 chart we have a bearish bat:
Here at D1 chart we have a bearish butterfly. I didnt place a limit order there before because a bounce on 0.95 level could happen.
Price tried to bounce at that level and finally failed to hold above it. Now its loosing strenght against all currencies very quickly
Target 1 is more realistic but just in case i placed the targets from W1 chart also.
Best regards