NZDCAD dynamically rebounded and formed V pattern. This formation isn’t seen very often and it confirms that demand is very strong right now. In the same time there is false break out from uptrend line at time-frame H4. This entire situation shows that upward movement should be continued.

Noteworthy thing is that September’s high was just a few pips below historical top from 1997 year. Due to this new historical high is very likely now.



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