VasilyTrader

NZDCAD: Bearish Wave is Coming?! 🇳🇿🇨🇦

Short
OANDA:NZDCAD   NZD/CAD

Have a look at NZDCAD.

After a strong bearish wave that initiated at the beginning of January,
the pair was consolidating for 2 weeks.

Friday's NFP was very bearish for the pair and the market set a new lower low lower close
on a daily, violating a key horizontal support.

It may initiate a new bearish wave.
Next support - 0.8115

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