DeGRAM | NZDCAD structure based trade

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)

FX:NZDCAD New Zealand Dollar/Canadian Dollar

trendanalysis chartpattern supportandresistance nzdcadanalysis nzdcadsignal

NZDCAD is decelerating after completing the bearish harmonic pattern.

The market overall is consolidating, bouncing from resistance and support levels. There was a big drop from this resistance level.

We expect a sell-off from the resistance level since the market is decelerating and losing momentum.

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