traderpulse

NZD/CAD Technical analysis

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
The 2 Hour chart of NZD/CAD has formed a bearish gartley pattern.
It is currently facing resistance at 1.618 Fib extension which also interpret as bearish ABCD Pattern.
Also, the RSI indicator is lurking below the oversold region.
Hence, we expect the pair to move to the support 0.88385 for now.

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