FxWirePro
Long

NZD/CAD faces resistance around 0.8920, break above targets 0.90

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
51 0 3
Major resistance – 0.8920

The pair has recovered after making a low of 0.88537. it is currently trading around 0.89025.

NZD/CAD major resistance is around 0.8920 and any indicative break above will take the pair to next level around 0.8950/0.9001/0.9118.

On the lower side trend reversal can be seen below 0.8820 and break below targets 0.8750/0.8700.

CAD has a positive start of the trading week due to softer US data and slight recovery of Oil             price during North America session.

Oil             price is highly volatile and market awaits Doha output freeze summit which is to be held on Apr             17th 2016.

It is good to buy only above 0.8920 with SL around 0.8850 for the TP of 0.9000/0.9115
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out