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New Zealand Dollar/Canadian Dollar
Short

NZDCAD Potential Downsides

By JoeChampion
Hey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.85200 zone, NZDCAD is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend at 0.85200 support and resistance zone. i would also keep an eye on the stock market as NZDCAD does correlate positively with the American indices.
Trade safe, Joe.
Bearish PatternsBeyond Technical AnalysisCADFundamental AnalysisNZDNZDCADSELLshortTechnical AnalysisTrend Analysis
JoeChampion
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