GlobalForexTrading

NZDCAD SHORTS FROM WEEKLY RESISTANCE**

Short
OANDA:NZDCAD   NZD/CAD
BIAS - SHORT:

NZDCAD has been bullish for quite some time but has now reached resistance on the weekly time frame. A Clear daily ascending channel 3rd touch confirmation is also evident, with lower time frames like the 4hr and 1hr showing signs of reversal patterns. SHORTS can into 0.9000 are very favourable.

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