NZDCAD Chart Technical Outlook looking for a selling opportunity
We have seen a substantial correction to the upside. My resistance zone is located between 0.8208 and 0.8215. It will depend on how price action flows within the next couple of hours to determine if a selling opportunity arises. A corrective sequence lower, close to the current price, would be regarded as the BC leg in a Bat formation. I will be looking to sell the completion between 0.8208 and 0.8215. This currency cross is on my watch list today.
