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NZD/CAD broke support zone

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  • NZD/CAD broke support zone
  • Next sell target - 0.8800

NZD/CAD recently broke through the key round support level 0.9000. The breakout of this support level accelerated the active minor corrective wave 2 – which started earlier from the key resistance level 0.9200. NZD/CAD is expected to fall further toward the next sell target at the next support level 0.8800 (low of the previous corrective wave (2) from May).

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