TimakaFx

NZDCAD SELL?

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OANDA:NZDCAD   NZD/CAD
Hello, on the chart. I am anticipating a possible sell of of the NZDCAD, earlier market reacted off a strong supply level at 0.83547 and currently trading below a rising channel that embeds an head and shoulders on the 2 hour time frame. I am thinking it might continue falling until around 0.8170 specified for nearest demand along a double bottoms neckline.

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