Nzd/Cad is currently stuck in a bullish wedge pattern seen on the weekly chart,
the pattern is coming to an end, and breakout should follow before too long,
this breakout should be to the upside and above the upper border of the wedge pattern:
Nzd/Cad weekly chart
On the daily chart we see the lower border of the wedge pattern act as a support line,
I have drawn the fibonacci expansions of the latest big and small moves,
the retracement now back to the lower border of the wedge should lead to so…
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