NZDCAD: Top-Down Analysis & Bearish Outlook 🇳🇿🇨🇦

٤ أبريل

https://www.tradingview.com/x/7JDarLmZ/

NZDCAD nicely respected a recently broken key horizontal daily support.
After its bearish violation, an underlined blue area turned into resistance.

Testing the broken structure, the price formed a double top pattern
on an hourly time frame, giving us an intraday bearish confirmation.

We can expect a retracement at least to 0.8136

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