NZDCAD Sell Setup at 0.8167NZD/CADOANDA:NZDCADjustforfreelauncingI'm looking to sell NZDCAD at 0.8167, expecting a bearish move based on key technical factors. 🔹 Reasons for Entry: ✅ Resistance Zone: The 0.8167 level has acted as a strong resistance in the past, making it a potential reversal point. ✅ Trend Structure: The pair is in a bearish trend on the timeframe, forming lower highs. ✅ Moving Averages: Price is approaching the , adding confluence to the setup. ✅ Fibonacci Level: 0.8167 aligns with the retracement from the previous swing. ✅ Bearish Divergence: Possible divergence on , signaling weakness in the uptrend. 📉 Trade Plan: Sell Limit: 0.8167 Stop Loss: Take Profit: Risk-Reward Ratio: If price rejects this level, I expect a downside move towards . What’s your outlook on NZDCAD? Let me know in the comments! 📊🔥