Trade Idea - NZDCAD - Short

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#NZD/CAD# Trade Idea - NZDCAD - Short

After the bearish divergence price has broken the neckline and bearish trend is likely to continue.

Entry: Consider short positions around 0.8220–0.8230 (current price zone).

Stop-Loss: Place above 0.8280 (recent swing high).

Take-Profit: Target near 0.8140–0.8150, aligning with the lower boundary of the highlighted zone.

Risk/Reward Ratio: Approximately 1:2, which is favorable.

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