imagen

NZDCAD is approaching a strong level of resistance.
We have an opportunity to catch a retracement.

pay close attention to a potential head and shoulders formation.
market is currently forming a right shoulder.

let it complete it and then look for an occasional breakout.

Target levels will be:
0.844
0.841

stop will be above the right shoulder.
CADcanadiandollarChart PatternsCurrenciesForexnewzealanddollarNZDNZDCADTechnical AnalysistradingTrend AnalysisWave Analysis

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