NZDCAD: Bearish After the News?! 🇳🇿🇨🇦

251
snapshot

NZDCAD turned bearish after a release of Canadian Inflation data.

The price retraced from a key daily resistance and broke
a support line of a rising parallel channel on an hourly time frame.

The market may drop at least to 0.8293

❤️Please, support my work with like, thank you!❤️

I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.