FX:NZDCAD   New Zealand Dollar/Canadian Dollar
There are still two pitchforks in play. On the bullish one price is heading for the median line , whereas on the bearish one price has broken through the upper median line parallel. Is it going to follow the red fork or the blue one? Both currencies (NZD and CAD) have become weak and their relative strength is quite equal. The long-term trend is still bearish , but kiwi seems to have more vigor now. But as soon as it reaches the red dashed line, I'd expect another corrective down leg.
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alex.a
2 years ago
Welcome back ~ How was your holiday ~
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ForceFollower alex.a
2 years ago
Thanks. It was great. :-) How are you doing?
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