NZDCAD Watch for bearish price action for sell

28 февр. 2021 г.

Hi everyone:

Similar approach like NZDUSD, as price is forming this ascending channel to the double tops area.

We can see price had a fake breakout of the previous highs, but quickly reverse back down very impulsively.

This is a good indication the bullish momentum may be exhausted, and we can expect bearish continuation corrections to form and push back the price down to the lows.

Thank you

3 мар. 2021 г.

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