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NZDCAD: Important Breakout & Bearish Continuation

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
linofx1  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Support and Resistance Supply and Demand Candlestick Analysis
5
2
supportandresistance supplyanddemand candlestick
This week, NZDCAD broke through and closed below an important horizontal support level.

The broken support has now become a resistance level, which the market is currently retesting.

I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.
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