🧭 Overall Market Context
NZD/CAD has been in a broad downtrend for several months, forming lower highs and lower lows. However, price has recently reached a major higher-timeframe demand zone (the blue area) and reacted strongly upward.
This suggests a potential shift of momentum or at least a corrective bullish leg.
NZD/CAD has been in a broad downtrend for several months, forming lower highs and lower lows. However, price has recently reached a major higher-timeframe demand zone (the blue area) and reacted strongly upward.
This suggests a potential shift of momentum or at least a corrective bullish leg.
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✅FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/winlouhscalperchannel
t.me/winlouhscalperchannel
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.