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- Major resistance – 0.8920
- The pair has broken major resistance 0.8920 and jumped till 0.8984. It is currently trading around 0.89623.
- Any indicative break above 0.8920 will take the NZD/CAD to next level around 0.9000/0.9118.
- On the lower side trend reversal can be seen below 0.8820 and break below targets 0.8750/0.8700.The minor support is around 0.8850.
- Short term bullish invalidation only around 0.8750.
It is good to buy at dips around 0.8925-0.8930 with SL around 0.8850 for the TP of 0.9000/0.9115
