NZDCAD Sell
I believe that NZDCAD has entered an exhaustion area and is looking to start a new downtrend on the 4-hour time-frame. Today there was news causing this pair to spike to new highs. This stretch was to eliminate early sellers, create a new resistance zone, and prepare for a drop that will lead to 100+ Pips
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.