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- Major Support -0.9050 (Ichimoku Cloud)
- Major resistance - 0.9150 (55 day EMA)
- NZD/CAD has broken major support 0.9050 and declined till 0.9037. It is currently trading around 0.9070.
- Short term trend is still weak as long as resistance 0.9150 holds. Any break above 0.9150 will take the pair to next level 0.9205/0.9236.
- On the downside major support is around 0.9035 and break below targets 0.9000/0.8800.
It is good to sell on rallies around 0.9075-80 with SL around 0.9150 for the TP of 0.9000/0.8800
