NZD/CAD and EUR/CAD about to breakout

NZD/CAD appears to have made breaking out in a fairly significant way. It appears to be forming a long term double bottom with a large key reversal at the bottom. Followed by that, we have an inverted head and shoulder formation with another key reversal indicating an upside move.

EUR/CAD similarly appears to be forming a huge multi year double bottom. In recent times, you can see another large reverse head and shoulder formation with a possibility of an imminent breakout.

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