As per previous analysis on this pair some months ago, NZD has appreciated against CAD in the latter half of 2016 and is currently retesting the 2014 High (also All-Time
High) at $0.96565. Price has been trading below this key pivot
level for 2 years and may finally be looking to continue the uptrend. Weekly is bullish
with price sitting over the 200 weekly moving average and previous years highs at $0.96194. Watching for a weekly close above this resistance level
before considering positioning myself long for a possible run towards parity at $1.