Sell NZD/CAD Triangle Breakout

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The NZD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:

Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.8240

Target Levels:
1st Support – 0.8210
2nd Support – 0.8195


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beyondtechnicalanalysisCADChart Patternsfundamental-analysisTechnical IndicatorsNZDNZDCADsupply_and_demandsupportandresistancezonesTrend Analysis

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