Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8613
NZDCAD reached a major resistance zone at the same level with the previous one as can be seen very well in the chart below ,at (0.8783) price level.From there the trend pulled back lower . I think it will continue the bearish trend and probably will encounter some supports on the road at (0.8522) & (0.8402) price levels which were previous important resistances.…