USDCAD - Sell Opportunity Back To Prior Resistance | 1:3 RR

📢EURNZD 1H - Technical Breakdown

📈Price action clearly broke upwards out of the descending wedge shown in my last tradingview analysis. Since then a failure to gain has taken place and bullish momentum seems to have come to a halt.

📈A short opportunity from the current market price presents a 1:3 RR trade aiming to bank 120 pips down to the prior wedge resistance line.
Chart PatternsTechnical IndicatorsTrend AnalysisUSDCADusdcadanalysisusdcadforecastusdcadlongusdcadsellusdcadshort

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