• NZDCAD broke daily up channel
• Likely to fall to support level 0.8000
NZDCAD recently broke the support trendline of the daily up channel from the middle of July (which encloses the previous intermediate ABC correction (2)).
The breakout of this up channel from should accelerate the active medium-term downward impulse wave (3).
Given clear multi-month downtrend – NZDCAD can be expected to fall further toward the next round support level 0.8000 (low of the earlier wave B from last month).
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies