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NZDCAD: Bullish Outlook Explained 🇳🇿🇨🇦

Panjang
NZD/CAD (OANDA:NZDCAD)  
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OANDA:NZDCAD   NZD/CAD
Trend Lines Multiple Time Frame Analysis Head and Shoulders NZDCAD priceaction priceactionanalysis priceactiontrading priceactionstrategy newzealanddollar NZD
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trendline mtfa headandshoulders nzdcad priceaction priceactionanalysis priceactiontrading priceactionstrategy newzealanddollar nzd
snapshot

I spotted a solid rising trend line on NZDCAD on a daily time frame.
The price dropped to that last week.

Testing that, the pair formed an inverted head and shoulders pattern on an 1H time frame.
Its neckline has been recently broken & retested.

I expect a bullish movement to 0.8675 / 0.8696 levels now.

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Penafian

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