FxWirePro: NZD/CAD extends gains above channel base, good to buy dips

• NZD/CAD is extending upside for the 3rd consecutive session after hitting 2-month lows at 0.8852 on Mar 1st.
   
• Stochs are showing a clean rollover from oversold territory, and RSI strong and biased higher, at 46 and further room to run.
   
• The pair has re-entered the channel after brief dip below, has edged above 10-DMA in today's trade and 5-DMA has turned north.
   
• 0.8874 (double bottom, Oct 27th and Dec 4th 2015) is strong support on the downside, while minor resistance seen upto 0.9067.
   
• Breaks above 0.9070 could take the pair to 0.9150 levels, weakness only below 0.8920 (channel base).
   

Recommendation: Good to Buy dips around 0.9030/40, SL: 0.8960, TP: 0.9070/0.9130/0.9150