How Far Will It Fall?

Aug 14, 2020 at 17:02
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6 Replies
会员从Jul 23, 2020开始   2帖子
Aug 14, 2020 at 17:02
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.
会员从Jul 19, 2020开始   298帖子
Aug 18, 2020 at 12:03
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.
会员从Feb 13, 2019开始   10帖子
Aug 18, 2020 at 12:23
The fall is over. The move down has stalled. Prices will increase over the next few weeks
会员从Oct 01, 2019开始   49帖子
Aug 27, 2020 at 22:26
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
会员从Oct 01, 2019开始   49帖子
Aug 29, 2020 at 02:36
Well, the market answered your question today lol
会员从Jul 23, 2020开始   2帖子
Aug 30, 2020 at 13:38
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...🙃
会员从Jun 23, 2020开始   34帖子
Oct 08, 2020 at 10:44
Nothing can be predicted for certain. A lot of experts though are of the view that the downward trend is over.
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