NZDCAD has been on a bullish run and is exhibiting signs of being excessively overbought despite a decrease in momentum as exhibited via a Bearish Divergence on the MACD indicator. A possibility for quick profits if CAD news is positive. NZD is exhibiting bullish signs in the larger timeframe so be prepared for a strong continuation in this direction even after short term pullbacks so avoid getting trapped in long duration short positions.
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