NZD/CAD falling inside minor impulse (v)
- NZD/CAD falling inside minor impulse (v)
- Next sell target - 0.8500
NZD/CAD continues to fall inside the minor impulse (v) – which started recently when the pair retested the key resistance level 0.8800 (former major support level which has been reversing the pair from May). The active impulse wave 3 belongs to the extended downed impulse wave C from the end of June. NZD/CAD is expected to fall further toward the next sell target at the next support level 0.8500 (target price for the completion of the active impulse wave C).