# NZD/CAD Bearish Momentum Continues

> NZD/CAD drops as bearish momentum persists.
- Title: NZD/CAD Bearish Momentum Continues · TradingView | Shortify
- Summary: NZD/CAD drops as bearish momentum persists. NZD/CAD rejected resistance and may drop to 0.79335 with take profit at 0.79335.
- Keywords: vantagemarkets, nzdcad, tradingview, bearish, resistance, take profit, business, finance, NZD, CAD, Momentum, Continues
- Source: TradingView — https://tradingview.com/chart/NZDCAD/ov6Y9ppP-Bearish-momentum-to-continue
- Published: 2026-10-26T16:18:42+00:00
- Read time: 1 min
- Topics: vantagemarkets, nzdcad, tradingview, bearish, resistance, take profit, business, finance
## NZD/CAD Rejected Resistance
NZD/CAD has rejected the resistance level, which is a pullback resistance and could drop from this level to our take profit.
## Entry and Stop Loss
Entry: 0.79773. Stop loss: 0.80126. Why we like it: There is a pullback resistance level.
## Take Profit Level
Take profit: 0.79335. Why we like it: There is a support level at the 127.2% Fibonacci extension and the 100% Fibonacci projection.
## Key takeaway

NZD/CAD rejected resistance and may drop to 0.79335 with take profit at 0.79335.