NZD/CAD
Short

NZDCAD downside potential looking to confirm daily downtrend

NZDCAD After breaking out from the flag formation on 8/2 and retesting the bottom on 8/8, we might be looking for the emerging downtrend to confirm with a retracement starting about 0.84267. If so, that would give us the lower low needed to confirm the downtrend.
FlagSupport and Resistance

Declinazione di responsabilità