According to my analysis of NZDCAD, I have observed that there has been a break in the minor trend and it appears that the currency pair may fall from the resistance area that I have marked on the chart for the FIB retracement. Additionally, upon retrace, it seems that NZDCAD may reach the higher time frame's previous high.
Based on my strong analysis, I believe that there are chances of a downward movement once the pair touches the high, which is also evident in my prediction in the chart. It's important to note that there may even be chances that the major trend will break downwards.
Overall, my analysis suggests that there could be a potential decline in NZDCAD in the coming days. However, it's essential to consider any external factors that may affect the currency pair's movement. Let's keep an eye on it!
Based on my strong analysis, I believe that there are chances of a downward movement once the pair touches the high, which is also evident in my prediction in the chart. It's important to note that there may even be chances that the major trend will break downwards.
Overall, my analysis suggests that there could be a potential decline in NZDCAD in the coming days. However, it's essential to consider any external factors that may affect the currency pair's movement. Let's keep an eye on it!
Abdul Vahid