Based on the hourly chart of the blade oscillator the NZDCAD is having a strong bearish trend by locating at 0.002 below the level of balance and the indicator is red colored that means there is a strong bearish move will happen in a short time .
By using moving average 5 we will notice a down slope so 0.8803 could be considered a good stop loss for if there were sell positions as it is considered the last top by using the indicators signals .
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