#NZDCAD: Bulls Lost Short Term Steam, Downside! #Forex
Traders,
Clear bearish strength here. Price formed a rounded top/accumulation, where there was a clear image of demand from bulls gradually going into bears. Expecting price to make a nice move down, after a failed bull move was negated by a strong bearish open on the daily today.
Clear bearish strength here. Price formed a rounded top/accumulation, where there was a clear image of demand from bulls gradually going into bears. Expecting price to make a nice move down, after a failed bull move was negated by a strong bearish open on the daily today.
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