💱 NZDCAD - A rebound before a further fall
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
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