The NZD/CAD exchange rate has sustained its bullish momentum, surpassing the 55-day moving average (MA55) and achieving a new high at 0.8292. The key support level is now seen at 0.8255, which, along with positive stochastic momentum, supports the potential for further gains. The next targets are 0.8320, with a possible extension towards the 50% Fibonacci retracement level at 0.8375.
Today’s expected trading range is between 0.8260 and 0.8320.
Trend Forecast: Bullish
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