KlejdiCuni

NZDCAD: Structure Analysis - Bearish Breakout

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD: Structure Analysis - Bearish Breakout

From the previous analysis I posted NZDCAD broke down from the first structure zone and reached the first bearish target. You can watch the previous analysis below for further details on how the price developed.

The price broke down from another support zone and it is raising the chances for the price to moving lower as shown on the chart.


You may find more details on the chart.
Thank you and Good Luck!

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Previous analysis:

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