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NZDCAD in a descending channel

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Lines Support and Resistance Parallel Channel NZDCAD channeltrend shortsetup shorts Forex forexsignals forextrading forexnews tradingsignal
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trendline supportandresistance parallelchannel nzdcad channeltrend shortsetup shorts forex forexsignals forextrading forexnews tradingsignal
NZDCAD is moving in a downtrend, the countertrend has been broken,the price is showing lower highs and lows. The targets are the lower support levels and finally the bottom of the channel.

D1:
snapshot

H4:
snapshot

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Penafian

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