5th of may cadnzd bearish setup.

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CANADIAN DOLLAR / NEW ZEALAND DOLLAR (FX_IDC:CADNZD)

FX_IDC:CADNZD CANADIAN DOLLAR / NEW ZEALAND DOLLAR

Trend Analysis Chart Patterns CADNZD Support and Resistance Rising Wedge Supply Zone

trendanalysis chartpattern cadnzd supportandresistance risingwedge supplyzone

cadnzd came towards daily resistance zone (green) and has rejected this zone about 4 times now so I am hoping price does the same things again. Price then created a rising wedge which broke out and retested daily zone one more time.

snapshot

snapshot

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