NZDCAD Analysis – Weekly Watchlist Update

In our weekly watchlist analysis, the plan was to trade inside the range.
At the start of the week, price dropped and then quickly pulled back — these small fluctuations are normal during early-week market conditions.
According to our original scenario, the outlook is still valid:
We can look for a sell setup at the top of the range, but only with confirmation.
A buy-stop above the trendline, where price previously bounced, also remains a valid protective plan.
If price breaks above the range and confirms the breakout, our current analysis becomes invalid, and we will update the outlook accordingly.