DeGRAM

DeGRAM | NZDCAD strcuture based trade

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD is approaching the major structure support level following the breakout of the consolidation.

Price action is about to test the descending channel border and dynamic support.

The market shows a divergence, which means the market will retrace.

We expect structure-based trade and a retest of the resistance level.


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