SHORT NZDCAD approaching resistance, potential drop!

11 ก.พ. 2019

NZDCAD is approaching our first resistance at 0.9006 (Horizontal overlap resistance, 61.8% Fibonacci extension , 38.2% Fibonacci retracement ) and a strong drop might occur pushing price down to our major support at 0.8955 (78.6% Fibonacci retracement ).
Ichimoku Cloud is also showing bearish cloud and we might see a corresponding drop in price.
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