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- Potential Reversal Zone (PRPZ)- 0.8750
- NZD/CAD has broken major support 0.8750 and declined till 0.8650 .It is currently trading around 0.8690.
- The pair’s major intraday resistance is around 0.8730 (4H Tenken-Sen) and break above targets 0.8775/0.8810/0.8840 in short term.
- The pair should close above 0.9000 for further bullishness.
- On the lower side the pair’s major support is around 0.8650. Any break below 0.8650 will drag the pair down till 0.8580/0.8500.
It is good to sell on rallies around 0.8730 with SL around 0.8775 for the TP of 0.8650/0.8580
