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KyleMcQuade
Oct 16, 2016 9:56 PM

NZDCAD Analysis 

New Zealand Dollar/Canadian DollarFXCM

Description

Perfect head & shoulders on this pair, finding strong resistance at high of 0.96. A bullish head and shoulders in an uptrend classifying as a continuation pattern, with added pressure at this level, a break would produce a push to the 1.00 mark. As a swing trader, this should provide plentiful opportunities to enter long positions on the lower time frame - specifically 4H.
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