FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD H4

Broken support with ease last week, seen a nice retest of the underside (now resistance). Looking for a confirmed second test or resistance. Based on order details supplied, another selloff down to the breakout low would still offer 1:3R.

A break in excess would send NZDCAD sinking, as long as we can maintain this CAD strength in line with it's supporting factors, WTI demand etc.

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