NZD/CADShort
NZDCAD downside potential looking to confirm daily downtrend
NZDCAD After breaking out from the flag formation on 8/2 and retesting the bottom on 8/8, we might be looking for the emerging downtrend to confirm with a retracement starting about 0.84267. If so, that would give us the lower low needed to confirm the downtrend.
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