VasilyTrader

NZDCAD: Bearish Trend Will Continue 🇳🇿🇨🇦

Short
OANDA:NZDCAD   NZD/CAD

NZDCAD is trading in a long-term bearish trend.
However, the market was consolidating the entire August within a horizontal range on a daily.

The support of the range was finally broken last week.
It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation.

The prices may go lower at least to 0.7936 support

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