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FX.co ★ NZDCAD M30: Bearish Symmetrical Triangle

NZDCAD M30: Bearish Symmetrical Triangle

Bearish Symmetrical TriangleThe Bearish Symmetrical Triangle pattern has formed on the NZDCAD M30 chart. Its lower boundary passes through 0.8197/0.8213, while its upper boundary passes through 0.8224/0.8213. The pattern width is 27 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDCAD breaks below the lower boundary, the price could move toward 0.8183.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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