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NZD/CAD-Stuck in Range !
Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :0.8606.
NZD/CAD after reaching a major resistence zone at (0.8785) price level ,has began moving in a range formation with 2 other failed attempts to break these level.The problem is that supports levels formed as higher lows which could suggest that the momentum is definatly going up and will try to retest and break that resistance zone in the nearby future…