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FX.co ★ NZDCAD H1: Head and Shoulders

NZDCAD H1: Head and Shoulders

Head and ShouldersThe technical pattern called Head and Shoulders has appeared on the chart of NZDCAD H1. There are weighty reasons to suggest that the price will surpass the Neckline 0.8328/0.8336 after the right shoulder has been formed. So, the trend is set to change with the price heading for 0.8296.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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