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NZD/CAD on the rise

NZD/CAD on the rise

Information is not investment advice

On the H4 chart of NZD/CAD, the NZD is on the rise against the CAD, testing the resistance formed by the 6-weeks high of 0.8488. If it is broken, the next levels on the movement up will be the range of 0.8513-0.8519 and 0.8551. For the market reversion, several layers of support may be placed: 0.8424, 0.8391, 0.8280-0.8272 and 0.8247.

NZDCADH4 November 1.png

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