FxWirePro: NZD/CAD faces strong resistance around 0.9060, good to sell on rallies

• Major resistance 0.9060
   
• Major support -0.8920
  (resistance turned into support)
   
• The pair has recovered after making a low of 0.8927. It is currently trading around 0.89914.
   
• Short term trend is weak as long as resistance 0.9060 holds.
   
• Any break above 0.9060 will take the pair to next level 0.9115/0.9170.
   
• On the lower side major support is around 0.8920 (resistance turned into support) and break below targets 0.8850/0.8820.

It is good to sell on rallies around 0.9000 with SL around 0.9060 for the TP of 0.8920/0.8850.