New Zealand Dollar/Canadian Dollar
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NZDCAD

46
Looking at the next turning point of this pair - it looks like we can expect a short down to the target zone before a pullback and would expect further bearish momentum after that pullback.

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This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s and Forex. Hence each trade setup might have different hold times, entry or exit conditions and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
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closed most of our position, leaving some in this trade for the longer run.

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