NZDCAD: Market losing buying momentum at support
With every test of this support zone (also the 0.618 retracement), the market kept losing buying momentum.
Now the daily candle has closed as a bearish engulfing candle. I'll be looking to confirm a sell on the 4 hour or 1 hour.
Now the daily candle has closed as a bearish engulfing candle. I'll be looking to confirm a sell on the 4 hour or 1 hour.
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