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0.9188 and 0.9255 are the levels to eye
Looking at the NZDCAD, the pair has some well defined support and resistance developing.
On the top is a ceiling at the 0.9250-55. On the downside, watch the 0.9188. Today each of those levels found sellers and then buyers.
The price currently trades between the “goal posts” (watch 0.9228 in between), but a break higher or lower should solicit some momentum in the direction of the break.
Be aware. It could be a nice trade to give a shot.
This article was originally published by Forexlive.com. Read the original article here.