Canadian Greenback Technical Outlook: NZD/CAD, EUR/CAD, AUD/CAD
Canadian Greenback, NZD/CAD, EUR/CAD, AUD/CAD
- NZD/CAD goals to interrupt above trendline resistance on rally extension
- EUR/CAD might even see short-term draw back, however outlook past seems indecisive
- AUD/CAD’s current transfer above a serious Fib stage factors to additional positive aspects
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NZD/CAD Technical Outlook:
The Canadian Greenback’s technical outlook seems to be at an obstacle versus the New Zealand Dollar, with NZD/CAD at the moment testing trendline resistance because the cross progresses in the direction of a 3rd consecutive each day achieve. The rally stems from a transfer greater fashioned in early December when the 78.6% Fibonacci retracement stage from the 2019 high-2020 low underpinned a break decrease after the…
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