NZDCAD is testing an important confluence zone: I spotted a perfect match between a horizontal key level and a falling trend line.
For a confirmation, watch a double top pattern on 1H time frame. We need a breakout of its neckline as a trigger. Hourly candle close below 0.8356 will confirm a violation.
A bearish continuation will be expected to 0.83 level then.
If the price sets a new high, the setup will become invalid.