FX:NZDCAD   New Zealand Dollar/Canadian Dollar
5
As you can see the support line was clearly broken however the 200 day moving average still serves as a barrier were a possible reversal could happen if the 200 day moving average is broken that would be a good time to sell. I personally feel the bears will have more control but we have to still wait anything can happen even if the weekly has a strong trend down we need to avoid the retraces and catch the trend at the right time. and concerning the oscilators they are on the oversold section so buyers might try to take control but i believe they wont have their way.
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