NZDCAD: Bullish Outlook Explained 🇳🇿🇨🇦

snapshot

I spotted a solid rising trend line on NZDCAD on a daily time frame.
The price dropped to that last week.

Testing that, the pair formed an inverted head and shoulders pattern on an 1H time frame.
Its neckline has been recently broken & retested.

I expect a bullish movement to 0.8675 / 0.8696 levels now.

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Head and ShouldersMultiple Time Frame AnalysisnewzealanddollarNZDNZDCADpriceactionpriceactionanalysispriceactionstrategypriceactiontradingTrend Lines

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