NZD/CAD chart on Trading View used for analysis
- NZD/CAD rejected at session lows at 0.8715, bias higher.
- Momentum studies are biased higher, RSI above 60, with room to run further.
- The pair has broken above daily cloud and 110-EMA and is on track for further gains.
- Bollinger Bands are widening, suggesting rising volatility, bulls eye next major resistance at 38.2% Fib at 0.8778.
- On the flipside, retrace below 110-EMA could see resumption of weakness.
Support levels - 0.8711 (110-EMA), 0.8690 (5-DMA)
Resistance levels - 0.8778 (38.2% Fib), 0.8920 (50% Fib)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-NZD-CAD-Trade-Idea-1452805) is progressing well.
Recommendation: Stay long for targets.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro: GBP/USD stuck in range but maintains bearish bias
Energy Sector Outlook 2025: AI's Role and Market Dynamics
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
Moldova Criticizes Russia Amid Transdniestria Energy Crisis
China's Refining Industry Faces Major Shakeup Amid Challenges
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
FxWirePro: USD/CNY falls to three-year high, scope for further downside
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 



