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NZD/CAD broke support zone

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  • NZD/CAD broke support zone
  • Next sell target - 0.9200

NZD/CAD recently broke through the support zone lying between the 38.2% Fibonacci correction of the previous upward price impulse from the start of January, support level 0.9270 and the support trendline of the daily up channel from December. The breakout of these support levels accelerated the active impulse wave C from March. NZD/CAD is expected to fall toward the next sell target at next support level 0.9200.

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