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NZDCAD FORECAST

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD has a few interesting setups coming up. Firstly, it could bounce off the immediate trendline and form the 2nd shoulder in a potential head & shoulders. Otherwise it may just break through in which case we go short targeting the next trendline. The most unlikely event is if price makes a new overall high, however you can trade this by entering long on failed breakouts.

Watch for price action at the significant levels.

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