NZDCAD: Important Breakout & Bearish Outlook

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)

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FX:NZDCAD New Zealand Dollar/Canadian Dollar

Trend Analysis Chart Patterns Wave Analysis canadiandollar NZD CAD Forex trading Technical Analysis NZDCAD Currencies

trendanalysis chartpattern waveanalysis canadiandollar nzd cad forex trading technicalanalysis nzdcad currencies

snapshot

NZDCAD finally broke below a support line of a major rising parallel channel on a daily.

This breakout will most likely lead to a shift in market sentiment and trend reversal.

With a high probability, a strong bearish wave is coming.

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