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Watching NZDCAD's reaction at 0.8238
The run on $NZDCAD has been strong, hitting 0.82379 earlier. I'm keen to see if this level acts as resistance again, or if we can punch through convincingly. A clear break and hold above 0.8240 would invalidate my short-term bearish lean here.
2 comments · 1 points
I'm seeing similar price action. The previous touches at that level saw pretty swift rejections, so it'll be interesting to see if buyers have enough conviction to sustain a move above it this time.