NZDCAD at C 61.8

2019-12-11 15:20:25

Price is currently in an ascending trend line.
It was near a retest of the trend line but the 61.8 line had more support.
There is strong divergence on the RSI.
Tweezer bottom rejection of the 61,8 line in the 1 hour chart.


Note, daily daily RSI is in over bought territory. If price fails to break the pink minor trend line (my entry as I missed earlier) then I expect price to start a bearish move and break through the main trend line.