tecnicoforex

#nzdcad Selling continues #forex

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Long-term trend for this pair, #nzdcad, is still in the down side. Presure keeps building in the 0.90 to 0.91 area, it is clearly overbought and ready to continue with its trend. A study of waves of also shows that these are the last waves in the correction trend and it is ready to go down.
I already have several positions with this pair, and I am "milking" them. I am opening more positions right now and my target continues to be @ 0.8860 or more.
My stop loss is at 0.92

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