By analysing currency pairs my eyes has stopped at the NZDCAD. If you would look closer to the weekly chart, you could spot one interesting thing that after break even of heavy resistance level (Weekly chart) price still came back to the previous flat channel. I presume that this break even was nothing else as market makers are topping up their short positions in order take profit at profit target level.
NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.
Liuks! Puikiai!
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