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NZD/CAD Wave Analysis

Short
NZD/CAD (OANDA:NZDCAD)  
traderpulse  
OANDA:NZDCAD   NZD/CAD
Wave Analysis NZDCAD nzdcadshort nzdcadlong NZDCADANALYSIS nzdcadforecast nzdcadsell nzdcadbuy NZDCADSIGNAL
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waveanalysis nzdcad nzdcadshort nzdcadlong nzdcadanalysis nzdcadforecast nzdcadsell nzdcadbuy nzdcadsignal

The counter is currently in its final stages of the bull cycle.
We expect a three-wave bear cycle to follow it up after the strong run-up.
It is trading around a strong resistance, which could be used to initiate short positions.
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