Here we have an opportunity to short NZDCAD at the upper channel resistance.
Price has consolidated into a wedge pattern, and I expect a break to the downside between the 1.272 and 1.414 fib extension levels (as seen on chart)
Price has consolidated into a wedge pattern, and I expect a break to the downside between the 1.272 and 1.414 fib extension levels (as seen on chart)
Note
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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.