NZD CAD Forecast – has it reached the bottom?

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NZD CAD Forecast: Daily shows this pair following a down trend line for quiet awhile. The .618 is at 0.86095 and the rsi has been skipping along the buy zone for awhile not looking like it wants to move up anytime soon. This pair should go down to at least the .618

 NZD CAD Forecast – Hourly – waiting for the trend line

Hourly shows this pair made a significant down move over this past week and then went up to the trend line but did not yet cross it and instead is now making a move back down With the rsi in the sell position, it should reach the .618 at 0.86692

 

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