NZDCAD: ⬆️ Buy
– NZDCAD reversed from powerful support level 0.7990
– Likely to rise to resistance level 1400.00
NZDCAD currency pair recently reversed from the support zone between the powerful support level 0.7990 (which has been reversing the price from the end of April) and the lower daily Bollinger Band.
The upward reversal from this support zone stopped the previous short-term ABC correction 2 from the start of August – when the pair reversed from major resistance level 0.8260.
Given the oversold daily Stochastic indicator, NZDCAD can be expected to rise to the next resistance level 0.8050 – former support from the start of September.
 and the lower daily Bollinger Band.){kind=link}