NZDCAD has touched a strong bearish trendline that has been created since the start of the year, not only that but now it is about to create a double top at the higher timeframe which makes it a good play to short it for the forcible weeks.
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The Fed news definitely makes this idea even more valid
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well in trading its better to react to market than predict, so with that in mind this play is now confirmed to be a bullish move as it has broke a strong long term trendline to move out up wards, i will wait for a retest of the trendline and will load it up
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I would consider now it has retested enough but in a narrow chance sellers might still have some steam left to drag this a bit down, though not good enough to drive it back inside the trendline
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