NZDCAD: Looking for a short next week

Unlike most of my trades, this trade is mainly based on fundamental analysis. I am looking for a final confirmation to short next week as we approach the RBNZ decision, where i expect an interest rate cut and more dovish signals from the bank. Meantime, I expect crude oil to correct higher in the short coming period, and that may support the canadian dollar. I will wait for a small bounce higher before shorting.

All my ideas are just my personal view. Trade Your own view.

I have no incentive to post if i don't get enough support from you. Likes and comment. Appreciate your support..
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technician

Kommentera:

We might get a confirmation for the short today, but still waiting.