Veejahbee

NZDCAD Bulls are Ready to Take Over

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD's current chart pattern is unfolding as a bullish Elliot Wave impulse structure. Price seems to have completed wave (iv) of 3 which set a stage for another rally in wave (v) of 3.

Price has also rejected a weekly support area that lined up with a moving average. The potential price target is within the blue zone on the chart.

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