NZDCAD has been moving in an uptrend since it came out of the wedge in December 2017. At that time the resistance 0.8880 was overcome, which at the beginning of this year served as support.

As can be seen in the daily chart below, the quotes draw lows and highs at higher and higher levels, which may give opportunities to open longs after corrections.

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Last week the pair broke the resistance zone above 0.9170, thus continuing the upward trend. Currently, this zone is supportive and in case of pull back it will be possible to expect buy signals.

So far, the technical levels are quite well respected in the current trend, because successively broken resistance works well as support. If this is the case this time, after joining the trend with support, you can aim at the key resistance, which is in vicinity of level 0.94.

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