Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: NZD/CAD forms Bullish Bat , good to buy at dips

Harmonic Pattern Formed – Bullish Bat pattern Potential Reversal Zone (PRZ) – 0.8750 The pair has recovered after making a low of 0.88140. It is currently trading around 0.8855. Intraday trend is slightly bullish as long…

By FxWire Pro
1 min read
FxWirePro: NZD/CAD forms Bullish Bat , good to buy at dips
Image from the original EconoTimes article

Read the original article

  • Harmonic Pattern Formed – Bullish Bat pattern
     
  • Potential Reversal Zone (PRZ) – 0.8750
     
  • The pair has recovered after making a low of 0.88140. It is currently trading around 0.8855.
     
  • Intraday trend is slightly bullish as long as support 0.8750 holds.
     
  • The pair’s minor resistance is around 0.8925 and any break above0.8925 will take the pair to next level 0.8970/0.9020/0.9060.
     
  • On the lower side major support is around 0.8750 (Mar 23rd low) and break below targets confirms minor trend reversal a decline till 0.8700/0.8670 is possible.

It is good to buy at dips around 0.8825 with SL around 0.8750 for the TP of 0.8925/0.8970.                      

 

 

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