NZDCAD - D, H4, H1 forecast, Technical Analysis & Trading Ideas

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Midterm forecast:
  • While the price is above the support 0.79427, beginning of uptrend is expected.
  • We make sure when the resistance at 0.82009 breaks.
  • If the support at 0.79427 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:
  • A trough is formed in daily chart at 0.80285 on 02/12/2025, so more gains to resistance(s) 0.81380 and maximum to Major Resistance (0.82009) is expected.

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