Snick3rSD

NZDCAD - Expect retracement ✅

ショート
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hello traders!
‼️ This is my perspective on NZDCAD.

Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for shorts from premium zone. For now I expect price to make a retracement to fill the imbalance higher and only that to reject from 4H bearish order block + institutional big figure 0.84000.

Fundamental analysis: On Wednesday we have news on CAD, will be released Cash Rate, as well on Friday will be released Unemployment Rate in Canada. Important news for CAD, so pay attention to the results in order to validate the analysis.

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