NZDCAD Bearish Move for at least this month

18 Eyl

NZDCAD has touched a strong bearish trendline that has been created since the start of the year, not only that but now it is about to create a double top at the higher timeframe which makes it a good play to short it for the forcible weeks.

18 Eyl

Not

The Fed news definitely makes this idea even more valid

24 Eyl

Not

well in trading its better to react to market than predict, so with that in mind this play is now confirmed to be a bullish move as it has broke a strong long term trendline to move out up wards, i will wait for a retest of the trendline and will load it up

25 Eyl

Not

I would consider now it has retested enough but in a narrow chance sellers might still have some steam left to drag this a bit down, though not good enough to drive it back inside the trendline