NZDCAD: Stuck in a Range And Showing Signs of a Drop

NZDCAD: Stuck in a Range And Showing Signs of a Drop
NZDCAD has been moving sideways for a while, trading between 0.8060 and 0.8125. This has created a clear range pattern.
Each time price hits the bottom of the range, it bounces up. And each time it reaches the top, it pulls back down.
Right now, the pair looks ready to move lower again. The reaction has already started, and the chart suggests a possible drop toward 0.8060.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
NZDCAD has been moving sideways for a while, trading between 0.8060 and 0.8125. This has created a clear range pattern.
Each time price hits the bottom of the range, it bounces up. And each time it reaches the top, it pulls back down.
Right now, the pair looks ready to move lower again. The reaction has already started, and the chart suggests a possible drop toward 0.8060.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.