NZDCAD: Important Breakout & Bearish Continuation
This week, NZDCAD broke through and closed below an important horizontal support level.
The broken support has now become a resistance level, which the market is currently retesting.
I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.
The broken support has now become a resistance level, which the market is currently retesting.
I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.
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