NZDCAD in an Ascending ChannelNZDCAD in an Ascending Channel
Technical Analysis:
NZDCAD is moving inside a daily "Ascending Channel"
From the chart, we can see that the price respected the support zone of the pattern several times.
Currently, the price is testing 0.8150 and the support line can attract more buyers thus rising the bullish momentum.
However, it's a bit early to say that it will rise but we can watch for reversal signs near to
the current zone.
You may find more details in the chart!
Thank you and Good Luck!
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