NZD/CAD
Short

NZDCAD: Bearish Continuation After Breakout

135
📉NZDCAD appears to be showing a bearish trend following a retest of a key horizontal support level.

I see a descending triangle pattern on an hourly time frame after its test.

There is a strong likelihood that the price will continue to decline and potentially reach a minimum of 0.8096.

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.