NZDCAD Falling Wedge Pattern with Bullish Breakout
NZDCAD has exhibited a falling wedge pattern, which has been followed by a bullish breakout on the upper boundary. This pattern has emerged following a notable rally and subsequent retracement. As a result, there is an anticipation of a price rebound and the continuation of the bullish momentum to the upside, particularly when observing the hourly timeframe.
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