FOREXCOM:NZDCAD   New Zealand Dollar / Canadian Dollar
NZDCAD has been consolidating for quite sometime now and we have a bullish sentiment for the pair. It has been making equal lows and equal highs and we are back to the support for the 6th time now. We could see a break to the downside and a move to the lows of 13th October. But for now now, i see the market move to the upside of which the prior move was a clean and break of the minor downtrend formed at the start (with "watch for break"). Let's see how the market plays out.
Trade wisely.

Penafian

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