NZDCAD MARCH 2022

Market is moving towards recession same way like it approached recession in March 2020.

With the start of the hawkish monetary policy period NZD as a risk currency may visit the bottom again.

Price structure also indicated the price to visit 2020 March lows again.

Price may stay at the current level for a week or 2 and then by loose of bullish momentum may start falling.

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I need to see divergence on Daily before price starting falling.

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NZDCAD is leading

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