NZD/CAD has formed a huge Bearish Candle Formation looking at the weekly charts at a massive ressistance point after trying already to break higher unsuccesfully for many times.
This might be the beginning of a bearish trend if best, or at least the beginning of a prolonged time of range bounding.
SHORT NZD/CAD
Entry Stop @ .9279
Stop/Loss .9465 (-186 pips)
Move Stop to Break Even @ 91.70
Target 1: .9028 (+251 pips)
Target 2: .8882 (+397 pips)
