Interesting one on NZD/CAD for the week ahead. Overall this pair is very bullish, but we could be seeing it slow down now and change direction. Even if the change of direction is wrong, I can still see this pair giving us a quite large pullback soon.
Weekly showing another spike into 0.92000 and a clear close above. Don't get me wrong, I wouldn't be shocked at all with a wick fill on the weekly still, but I can see this pair giving some sell opportunities too.
Only valid sell on this pair would be another push lower, to 0.91400 (recent daily structure), then a pullback and retest on a fib level and recent structure. PA also needs to line up correctly on this for a valid sell.
Definitely one to watch for the week ahead this
Weekly showing another spike into 0.92000 and a clear close above. Don't get me wrong, I wouldn't be shocked at all with a wick fill on the weekly still, but I can see this pair giving some sell opportunities too.
Only valid sell on this pair would be another push lower, to 0.91400 (recent daily structure), then a pullback and retest on a fib level and recent structure. PA also needs to line up correctly on this for a valid sell.
Definitely one to watch for the week ahead this