New Zealand dollar vs Canadian dollar analysis
Due to the breaking of the upward trend line, it is possible to form a corrective wave ABC, which is expected to increase the price up to 0.90000 as C wave.
Wave C can be formed in the form of 5 Elliott waves
The target of wave 3 is 0.87000
The target of wave 5 is 0.90000
The important support of this analysis is 0.82000
Due to the breaking of the upward trend line, it is possible to form a corrective wave ABC, which is expected to increase the price up to 0.90000 as C wave.
Wave C can be formed in the form of 5 Elliott waves
The target of wave 3 is 0.87000
The target of wave 5 is 0.90000
The important support of this analysis is 0.82000