Peet_Serfontein

NXDCAD: further correction?

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OANDA:NZDCAD   NZD/CAD
A price action below 0.8095 supports a bearish trend direction.
Increase short exposure for a break below 0.8075.
The target price is set at 0.7985.
The stop-loss price is set at 0.8185 (its 200-day simple moving average).
An incomplete falling wedge patterns seems to be developing.

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