NZDCAD weekly outlook

Hi guys, hope you're having a good weekend.

The pair NZDCAD looks as though it will have downside for the longer term future. After price broke sideway structure at a historical horizontal resistance zone, price is clearly effected by it still, and a breakout of the only up trend indicator has now, failed.

Expecting downside for a while, will be very easy to get good entries for trading on the daily and 240, of which I will update of the daily chart if enough people like this post.

Enjoy,
Best,
Tom