OFT-Forex

NZDCAD - Clarity at last

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
After weeks of messy PA, previous week NZDCAD experienced a massive meltdown, followed by a very big rally to the upside. Back to 0.85500 once a again. A big order hunt above the liquidity pool occurred that caused the sell off to continue quite rapidly. Price has now broken structure and a lower high formation could provide a good set up
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