FxWirePro
Long

NZD/CAD Short Term outlook

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
107 0 0
NZD/CAD has formed a triple bottom around 0.9200 and any short term weakness can be seen only below that level.

On the downside break below 0.9200 will take the pair to 0.9110 /0.89950 in short term.

The pair’s minor resistance is around 0.9300 and break above will target 0.9440/0.94780.

Indicators (4 Hour chart)
CCI (50) - Sell
CCI (14) - Buy
Ichimoku- Neutral

Recommendation: Buy NZD/CAD around 0.9275-80, SL 0.9190, Targets 0.9440/0.9470.
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