DeGRAM

DeGRAM | NZDCAD falling from resistance

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD is moving in the descending channel, and it has made lower lows. 

The market broke and closed below the support level, which became a resistance that was respected before.

We anticipate a bearish move from the resistance level to complete the AB=CD pattern.


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