NZDCAD: Sell opportunity on a Death Cross.
The pair is trading inside a 1W Channel Down (RSI = 43.198, MACD = -0.004, Highs/Lows = -0.0038) and is testing the Lower High belt. Following a Death Cross earlier this month, there are high chances for a continuation of the downtrend either within the channel or after a rejection on the MA200. Our TP is 0.85000.
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Free Channel: t.me/investingscopeofficial
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