tycs

NZDCAD BREAT AND RETEST OF STRUCTURE

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Here we have a clear example know as a break and retest where previous support no became resistance.

A break and retest of the black trendline is also on the cards with price making a 3rd bounce and lower high of the blue trendline.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.