Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro:NZD/CAD faces minor resistance around 0.8970, good to sell on rallies

Minor resistance 0.8970 Major support -0.8850 The pair has slightly recovered after making a low of 0.8872. It is currently trading around 0.88835. Intraday trend is weak as long as resistance 0.8970 holds. Any break abo…

By FxWire Pro
1 min read
FxWirePro:NZD/CAD faces minor resistance around 0.8970, good to sell on rallies
Image from the original EconoTimes article

Read the original article

  • Minor resistance 0.8970
     
  • Major support -0.8850
     
  • The pair has slightly recovered after making a low of 0.8872. It is currently trading around 0.88835.
     
  • Intraday trend is weak as long as resistance 0.8970 holds.
     
  • Any break above0.8970 will take the pair to next level 0.9020/0.9060.
     
  • On the lower side major support is around 0.8850 (Mar 28th low) and break below targets 0.8820/0.8750.The minor support is around 0.8870.

It is good to sell on rallies around 0.8925-30 with SL around 0.8970 for the TP of 0.8850/0.8755.

 

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