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AidiDuhanxhiu

NZD/CAD - A 4 years short channel; Will history repeat itself?

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
AidiDuhanxhiu Atualizado   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis NZDCAD
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trendanalysis chartpattern waveanalysis nzdcad
The NZDCAD pair is again on the resistance contained by a downward channel that has been going on since November 2016. For now I don't see any fundamentals that will lead to a decrease or an increase but only technical analysis, so we enter short without overleverage targeting the 0.85/0.86 zone.
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snapshot

Probable formation of an inverted cup and handle.
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