NZD/CAD falling inside minor impulse (v)

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  • 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).

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