NZDCAD 11/4/19

2019-11-05 05:21:24

NCAD Short Idea DAILY TF

Overall higher timeframe price action has been bearish and we will be looking for potential short opportunities around key resistance

Current price action has currently rejected the 38.2% daily fib level and weekly resistance around 0.85000

Another entry opportunity could present itself soon on a lower time-frame retest/retracement

Look to target toward the monthly support level around 0.82500 followed by a target of the -27% daily fib level around 0.80650