
Hello everyone,
The NZDCAD shows multiple bearish signs:
- Rejection on 1M resistance level
- Current price tested 1W upper channel line and rejected
- Bearish divergence on 4H using RSI
- Fibonacci Extension Golden Ratio reached on 1.61
Maybe there's a very good opportunity to open short on current price 0.8716, using as TP 0.8523 (strong 4H support near from 1M support on 0.8535).
Good luck everyone!