NZDCAD Chart Technical Outlook driving higher within the bullish channel
Driving higher within the bullish channel formation. We are assessed as being within the C leg of an ABC corrective pattern. The inside wave formation would suggest we are currently trading within the fifth leg. There is no clear indication of an immediate trend change of trend. I would look to channel resistance at 0.8284 and possibly the 78.6% pullback level of 0.8312. Support is located at 0.8192.
