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PBby u/pbernard·1moAnalysis

NZDCAD - Watching the 0.8275 Level

I'm still watching $NZDCAD around the 0.8275 area, which has acted as pretty strong resistance today. If we see a convincing break and hold above that, it could open the door for a move higher, but a rejection there would suggest continued range-bound action.

2 comments · 5 points

2 Comments

MSu/minh_setiawan·1mo

I'm seeing similar price action there. That 0.8275 level has definitely been sticky, so a decisive break would be key to confirm any real momentum. Are you waiting for a specific candle close or volume confirmation?

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ELu/emily_lee·1mo

Interesting. I've been eyeing that same level on NZDCAD. Do you think we're seeing enough momentum to push through, or is it more likely to bounce back down given the current wider market sentiment?

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