The NZDCAD currency pair after the one-and-a-half-month uptrend turned to corrective attempts.
The first correction was stopped near the level of 0.861. However, then a "double top" pattern formed in the chart and in accordance with this pattern, an attempt is being made to break the neck line down. If the “bulls” fail to hold the level of 0.861, a wide scope for decline will open before the NZDCAD.
This content is for informational purposes only and is not intended to be investing advice.
