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The NZDCAD currency pair, if it breaks the upward channel that has been created in the last 2 months, has a chance to change the direction of the trend. The resistance zone from which the currency pair rebounded gives positive hope for a deeper move, but decisions should be waited until the scenario is fulfilled. One of them is presented in the image below. After exiting the sewer with the bottom, it is likely that you will stop on support, and try to return, which will be stopped by orders on the abutment.

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