FX:NZDCAD   New Zealand Dollar/Canadian Dollar
It looks like we have finally made our clean break and close above strong resistance within this range-bound market. This pair has been trading between .9100 & .8900 since the start of the year, respecting these support and resistance levels each time price approached it. Now that we have broken and clearly closed above, we can expect a strong rally in price up to the .9250 resistance area. This is an area of interest based off prior structure and is also our 1:1 projected price move based of the size of the range we have been trading in since January 1st. 

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.