NZDCAD: Great Buying Opportunity
Updated
NZDCAD is currently testing strong daily structure support.
On that, the price is currently forming a double bottom formation.
To catch a bullish move, wait for a breakout of 0.8778 local structure resistance (1H candle close above)
Then buy aggressively or on a retest.
Goal - 0.8832
In case if the price sets a new low hourly, the setup will be invalid.
Note
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