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NZD/CAD has broken major trend line support 0.8750 (trend line joining 0.8480 and 0.8616) after diary prices has fallen for the first time in five months in GlobalDairyTrade platform.
- Any break below 0.8750 will drag the pair further down till 0.8670/0.8647/0.8617.
- On the higher side any break above 0.8760 will take the pair to next level around 0.8810/0.8850.
It is good to sell on rallies around 0.8730-40 with SL around 0.8780 for the TP of 0.8670/0.8645
