📉NZDCAD is currently in a long-term uptrend, but recently it has been consolidating in a horizontal range on the 4-hour chart after reaching a new high.
The support of this range was recently broken, signaling strength from sellers and suggesting a likely bearish correction.
It is possible that prices could drop to the 0.8275 support level.
The support of this range was recently broken, signaling strength from sellers and suggesting a likely bearish correction.
It is possible that prices could drop to the 0.8275 support level.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.