NZD/CAD Analysis
Updated
The NZD/CAD exchange rate has been moving within a well-defined channel over the past year. The price consistently touches the support line during downtrends and the resistance line during uptrends, suggesting a potential opportunity for a short position targeting the support level. Based on current analysis, the overall trend remains bearish.
This is not financial advice.
This is not financial advice.
Trade closed: target reached
Take profit reached
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