NZDCAD - Short
Possible short opportunity on NZDCAD.
Price has struggled to break resistance at 0.9220 and so we may see some bearish momentum.
A break in the marked trend line will call for a short opportunity as the price may break out of the 0.9170 level and retreat down to support at the 0.9060 level.
Be cautious as price approaches the 2000 EMA on the 4H chart as this may act as some support.
Price has struggled to break resistance at 0.9220 and so we may see some bearish momentum.
A break in the marked trend line will call for a short opportunity as the price may break out of the 0.9170 level and retreat down to support at the 0.9060 level.
Be cautious as price approaches the 2000 EMA on the 4H chart as this may act as some support.
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