NZDCAD Downtrend Continuation
A strong monthly support of NZDCAD has been broken and this is an indication of the continuation of the down trend up to the next area of value which is below expecting us to bag roughly 1,100 pips. The trend Continuation is further confirmed by the pin bar formed at the area of support this being shown on the 4 hour chart hence indicating trend continuation. its for now looking for a good entry point on the pair.
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