NZD/CAD
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NZDCAD: Classic Bullish Reversal ๐Ÿ‡ณ๐Ÿ‡ฟ๐Ÿ‡จ๐Ÿ‡ฆ

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So it turned out that NZDCAD formed an inverted head & shoulders pattern on a daily.
The price has easily broken and closed above its neckline.

I believe that it will initiate a strong bullish movement.
The initial target will be based on a falling trend line.
The second target is horizontal structure based - 0.8168.

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Check my new analysis on DXY:
DOLLAR INDEX (DXY) Key Zones to Watch ๐Ÿ’ต
canadiandollarCandlestick AnalysisforecastForexHead and ShouldersnewzealanddollarNZDCADTechnical AnalysistradingTrend Lines

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