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NZDCAD analysis

23.09.2021

Market Review

NZDCAD
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The round secondary level of 0.8920 holds back sellers.

NZDCAD rate online: monitor the price movement in real time.


Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss: 0.8920
Target levels: 0.9020; 0.9050.

Author: GC
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