Long Opportunity For NZDCAD... Potential Breakout!!!

For now, we can see NZDCAD price level near an area of strong resistance with a 61.8 fib level. As of now, I see a higher potential of this resistance level breaking where we could be seeing price moving towards 0.8940 which is the first level I am looking at. Also, if it breaks this resistance level, we could see a completion of a reverse H&S pattern giving us another BULLISH outlook. Currently, we should be observing for potential breakout of the resistance level before we confirm our position. I see a good BULLISH risk to reward trade if level is broken potentially seeing 1.618 fib level.

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