NZDCAD Wave Analysis – 7 October, 2019
October 07, 2019 @ 16:51 +03:00
- NZDCAD reversed from resistance area
- Likely to fall to 0.8300
NZDCAD recently down from the resistance area lying between the major resistance level 0.8410 and 61.8% Fibonacci correction of the previous sharp downward impulse wave 1 from September.
The downward reversal from this support area started the active short-term impulse wave 3.