How Far Will It Fall?

topfuel29

Ahli sejak Jul 23, 2020 2 hantaran

Aug 14, 2020 at 17:02

Ahli sejak Jul 23, 2020 2 hantaran

How long would you estimate NZD/CAD 1Day Candle will continue to fall?
https://www.myfxbook.com/forex-market/currencies/NZDCAD
I bought it yesterday to sell and it was up today. I'm using the T3 Moving Average Cross System.
Thanks for your input.

Michihito

Ahli sejak Jul 19, 2020 310 hantaran

Aug 18, 2020 at 12:03

Ahli sejak Jul 19, 2020 310 hantaran

This pair is in downtrend. In trend market you can hold a position against the trend. First you should consider the trend of pair. This pair still has room to fall, though nothing is certain.

BipinBike

Ahli sejak Feb 13, 2019 10 hantaran

Aug 18, 2020 at 12:23

Ahli sejak Feb 13, 2019 10 hantaran

The fall is over. The move down has stalled. Prices will increase over the next few weeks

Curtid33

Ahli sejak Oct 01, 2019 42 hantaran

Aug 27, 2020 at 22:26

Ahli sejak Oct 01, 2019 42 hantaran

Only on the technicals: The month is ending, so you might be looking at a bit of a pullback before the new month. Definitely not a buy until it breaks .88 . A lot of room down to .84/.85 . I'd assume sells are valid, but wouldn't take a position until it closes below .868

Curtid33

Ahli sejak Oct 01, 2019 42 hantaran

Aug 29, 2020 at 02:36

Ahli sejak Oct 01, 2019 42 hantaran

Well, the market answered your question today lol

topfuel29

Ahli sejak Jul 23, 2020 2 hantaran

Aug 30, 2020 at 13:38

Ahli sejak Jul 23, 2020 2 hantaran

Thank you for all the replies. I got out a couple of days after I bought in. I wanted to stay in longer, but that wasn't happening...🙃

davidkew

Ahli sejak Jun 23, 2020 32 hantaran

Oct 08, 2020 at 10:44

Ahli sejak Jun 23, 2020 32 hantaran

Nothing can be predicted for certain. A lot of experts though are of the view that the downward trend is over.

EURUSD	1.13234	GBPUSD	1.33227	AUDUSD	0.63887
USDJPY	144.617	USDCAD	1.37994	USDCHF	0.82792

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