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11-12-2023 _ Short Term Bearish Idea _ NZDCAD H4

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Technical Indicators
8
1
trendanalysis indicator
Price ranging below strong support zone.
Divergence at major level of resistance.
Bearish Divergence on RSI Indicator.
Bearish Divergence on MACD Indicator.
Rising Trendline Breakout.
Strong bearish candles.

Enter @ Current Price and at Retest of the Rising Trendline

Protection above Strong Resistance Zone.

Targets @ 38.2, 50 & 61.8 Fibo. Retracement.
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