CAD could have further weakness

NZDCAD is once again in this nice bull/bear fightzone, also fibo resistance. This week we could close above this, so if bulls can show more strengh, i will buy with buystop, as the fightzone should react as a support again.

AUDCAD also broke the down trendline, but AUDNZD is still in a downtrend, so i choose NZDCAD here. Remind that NZD is as AUD is a risk on currency, and Stock market is looking for a correction here. Therefore, USDCAD might be the better long.

However, NZDCAD shows a not manipulated strength, buy strength.

Ordem cancelada