NZD/CAD has come down from the levels of 0.9750 seen in June this year to 0.9125 touched today as CAD has strengthened against almost every currency in anticipation of Bank of Canada raising interest rates from record low levels. I think the major part of weakness in NZD/CAD is over and we may see sideways trades with a upward bias. My target is 0.9205 with a stop loss of 0.9115
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