FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD brokeout above the downtrend resistance as expected from my previous analysis. The market is currently testing the pennant resistance. Rejection of the pennant resistance could be a bearish signal ⬇️. RSI bounce off could be a bearish confirmation 🔽. RSI is also printing a bearish divergence signal on the 4H timeframe.


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