NZDCAD - (UPDATE) Near-term Bearish Bias still supported

PAIR IN FOCUS: NZDCAD
ACTION: SHORT
HORIZON: NEAR-TERM

As per previous analysis on NZDCAD, my near-term bearish bias still stands. The bearish RSI divergence on H4 is still present, and a bearish engulfing candle on the Daily time frame also fuels the bias. Look out for bearish price action before any entries. It is still possible for another swing high with lower RSI before the actual correction.

TP level has been indicated on the chart, plan your own Stop Loss. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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