Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro:Buy NZD/CAD above 0.9560

  • Major resistance- 0.9560 (Jan 25th high).
     
  • Major support -0.9460 (Jan 26th low)
     
  • NZD/CAD recovers slightly after making a low of 0.9460 on Jan26th 2017 low. It is currently trading around 0.95430.
     
  • On the lower side, minor weakness can be seen below the 0.9460 level. Any break below 0.9460 will drag the pair till 0.9398/0.9370 (61.8% retracement of 0.9210 and 0.96284).
     
  • The major resistance is around 0.9560 and any break above 0.9560 will take the 0.9630/0.9680.

    It is good to buy above 0.9560 with SL around 0.9520 for the TP of 0.9630/0.9680.
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.