NZDCAD - Watching that 0.8200 break
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Been looking at $NZDCAD today, specifically that 0.8200 level. We're currently sitting around 0.82196. If we see a solid close below 0.8200, I'd be looking for a potential move down towards 0.8150. The daily range has been pretty tight, 0.82168–0.8242, so a decisive break one way or another could set the tone for the week. My bearish scenario gets invalidated if we start closing above 0.8240, suggesting bulls still have some control. Just my two cents.
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