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NZDCAD: Classic Bullish Reversal 🇳🇿🇨🇦

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So it turned out that NZDCAD formed an inverted head & shoulders pattern on a daily.
The price has easily broken and closed above its neckline.

I believe that it will initiate a strong bullish movement.
The initial target will be based on a falling trend line.
The second target is horizontal structure based - 0.8168.

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canadiandollarCandlestick AnalysisforecastForexHead and ShouldersnewzealanddollarNZDCADTechnical AnalysistradingTrend Lines

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