NZDCAD Watch for bearish price action for sell
Updated
Hi everyone:
Similar approach like NZDUSD, as price is forming this ascending channel to the double tops area.
We can see price had a fake breakout of the previous highs, but quickly reverse back down very impulsively.
This is a good indication the bullish momentum may be exhausted, and we can expect bearish continuation corrections to form and push back the price down to the lows.
Thank you
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