After doing back testing between the two correlating pairs, you'll notice NZDCAD is significantly weaker than AUDCAD currently. So you much rather want to look for sells for the weaker pair and buys for stronger pair. The term for two correlating assets doing different things is called divergence. These two pairs have a 95% correlation rate on the 4hr time frame and finding the divergences between the two pairs will allow you to find what most likely will happen next
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