The NZDCAD continues to decline – Analysis – 28-1-2022
Economies.com
2022-01-28 07:46AM UTC
The NZDCAD pair surrendered to the frequent negative pressures to keep its stability within the bearish channel, achieving 0.8365 level.
Note that the stability of the main resistance at 0.8460 and stochastic continuous negative momentum signals will increase the chances of targeting additional negative stations that might extend towards 0.8370 followed by reaching the historical support at 0.8290.
The expected trading range for today is between 0.8415 and 0.8300
The expected trend for today: Bearish
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