FX.co ★ NZDCAD

As of today, the NZD/CAD currency pair continues to move within an ascending channel, this information makes it possible to understand that buyers still retain control. After an attempt to stay below the 0.8130 level, growth began. I expect that in the near future the price of the currency pair will move approximately in the range from 0.8170 to 0.8190. At the current moment, the 0.8170 level is the nearest resistance; if the price is able to cross this level, it may become one of the first signals that movement toward 0.8190 is likely to begin, although a pullback may also occur. However, it is important to take into account that the price is now below this point, and the priority movement is bullish.