NZD/CAD is in uptrend as we can see on weekly and on monthly chart, It has taken support at previous levels and reversed trend from there. On monthly chart it has consolidated for two months and now it is rising.
Technical indicators. Trend Lines, Commodity Channel Index, Ichimoku Cloud.
Charts: Weekly and Monthly
Weekly chart.
1. It is rising after correction.
2. CCI is headed upward.
3. On Balance Rising to earlier ones.
4. Ichimoku Cloud suggests it is in uptrend.
So we can conclude selling h…
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