NZDCAD potential short to long setup

29 thg 11, 2017

Loss of upside momentum, double top formed with divergence on rsi, failure to break above and close above key resistance zone 0.88800, hence short to 0.87730... shorting to 61.8% (0.87730) retracement level would be significant as pair could later acquire upside momentum to target 0.89320. multiple confluence trading.