$NZDCAD Elliottwave Analysis 5.13.2016

This is a an Elliottwave Analysis video on $NZDCAD. Short term, the pair still has scope to extend lower to 0.8387 – 0.86517 area to end the cycle from 12/29/2015 peak, then pair should bounce in wave (X) to correct the decline from 0.958 before pair turns lower again.

If you enjoy this video, feel free to browse other technical articles at our Technical Blogs and also check Chart of The Day. For further information on how to find levels to trade forex pairs, indices, and commodities using Elliottwave, take our FREE 14 Day Trial. We provide Elliott Wave chart in 4 different time frames, up to 4 times a day update in 1 hour chart, two live sessions by our expert analysts, 24 hour chat room moderated by our expert analysts, market overview, and much more! With our expert team at your side to provide you with all the timely and accurate analysis, you will never be left in the dark and you can concentrate more on the actual trading and making profits.

 

 

Back