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NZDCAD | BEARISH trade OPPORTUNITY 📉

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
fxtraderkristina  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators NZDCAD NZD CAD nzdshort chartanalysis movingaveragepriceaction priceaction forexsignals
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trendanalysis chartpattern indicator nzdcad nzd cad nzdshort chartanalysis movingaveragepriceaction priceaction forexsignals
- NZD/CAD has a nice overall move towards the downside on multiple time frames.
- We are seeing bearish pressure on a recent bearish engulfing candle formation on the 4-hour time frame & it made a new low on the 1-hour.
- There is not much big news today that might have a huge impact on the overall trade direction as hedge funds are still showing that NZD is being sold off.
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