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-
2433.015
23.640%
-
79.690
2.003%
-
1.0865
1.6079%
-
5312.92
0.08%
-
39826.34
0.39%
-
18684.19
0.61%
The NZDCAD tests the resistance – Forecast today – 10-5-2024
Economies.com
2024-05-10 07:11AM UTC
NZDCAD Price Analysis
1. Expected Scenario
- NZDCAD price faces strong positive pressures from recent stochastic rally.
- Correctional bullish rebound tests 0.8256 resistance again.
- Scenario depends on strength of resistance.
- Expectation of forming strong negative waves if resistance holds.
- Targets at 0.8205 and 0.8172 levels if resistance holds.
- Breaching resistance confirms move to bullish track, targeting 0.8290 and 0.8345.
2. Expected Trading Range
- Anticipated trading range today: Between 0.8255 support and 0.8205 resistance.
Trend Forecast: Bearish