KarYong

200 to 300 Pips Potential on NZDCAD

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
After price completed a running flat between 12th September to 17th October, we saw price made an impulsive down move forming the recent low at 0.8690.

Since then, price has been developing in a corrective structure, and we are now expecting another move lower potentially towards 0.8524 - 0.8651 area.

Disclaimer - make sure you have a proper plan to engage the market.

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