NZD/CAD broke support zone
- NZD/CAD broke support zone
- Next sell target - 0.9030
NZD/CAD recently broke the support zone lying between the support level 0.9190 (low of the previous minor correction 4 from February) and the 50% Fibonacci correction of the sharp upward impulse wave from the start of January. The breakout of this support zone accelerated the active minor impulse wave C. NZD/CAD is expected to fall toward the next sell target at the next round support level 0.9030 (low of the earlier waves (a) and (iv)).