The New Zealand dollar and Canadian dollar currency pair has been very valentine this year and reached the highs where it was back in 2019. Now the pair is at a fairly strong level, which has repeatedly acted as a line of resistance and support, and was also a turning point. Given that the market is overbought, it is likely to reverse from this point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.