Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: NZD/CAD edges higher from fresh 2-month lows at 0.8887, close above channel base resistance pivotal

NZD/CAD has edged higher from fresh 2-month lows at 0.8887 and is currently trading at 0.8943. The pair is attempting an entry into the channel and a close above channel base resistance at 0.8930 will be pivotal. Major s…

By Jay L. Zagorsky
1 min read
FxWirePro: NZD/CAD edges higher from fresh 2-month lows at 0.8887, close above channel base resistance pivotal
Image from the original EconoTimes article

Read the original article

  • NZD/CAD has edged higher from fresh 2-month lows at 0.8887 and is currently trading at 0.8943.

  • The pair is attempting an entry into the channel and a close above channel base resistance at 0.8930 will be pivotal.

  • Major support for the pair lies at 0.8874 (double bottom), and only breaks below could see weakness, test of 0.8780 levels then likely.

  • On the other side a close above 0.8930 with further confirmation on charts will give an opportunity for long trade. 

  • Above 0.8930 pair finds next resistance at 0.8977 (Feb 29th highs) and then 0.90 (5-DMA)

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team