DeGRAM

DeGRAM | NZDCAD pullback trade

Kort
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD moved out of the descending channel, and it's basically consolidating.

The market broke and closed below the support level, which became a resistance that was respected before.

The market is in a bearish trend on D chart.

We anticipate a trend continuation opportunity from resistance and the fibo cluster.




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