NZDCAD: Classic Bearish Reversal?!

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📉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.

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