Technical Overview of NZD/CAD Currency Pair NZD CAD The NZD traded higher against the CAD and closed at 0.8849. Very Interesting pair for now. Main trend aka 60/80 Ema is towards south. The pair made a Pivot low candle support trend line. It formed a Mb/Ib. It’s above weekly Pivot and has formed a CUP Pattern. A break above/below 127 extension may form a breakout. Remember yesterday it was announced to stay long on NZDCAD. Keep in mind that NZD is the most Interest paying nation for now. The rate of change in Currency strength meter shows that NZD is the most strongest for now. According to the Analysis, The pair is expected to find support at 0.88361, and a fall through could take it to the next support level of 0.88235. The pair is expected to find its first resistance at 0.88672, and a rise through could take it to the next resistance level of 0.88857. NZD CAD Previous Day range was 31.1 and Current Day Range is 37.8. Morning Briefing USD: The U.S. dollar was modestly lower on Tuesday after Federal Reserve Chair Jerome Powell alluded to the possibility of an interest rate cut in the face of economic risks, including the global trade war. EURGBP: Weakening of domestic data in UK combined with euro spread compression, the EUR/GBP could move towards 0.90. Believe tactical EUR/SEK short positions remain attract.. Also maintain our CAD/NOK short and EUR/GBP long exposure. Short USD/JPY than long EUR/USD. Short EUR/JPY still works. There’s a bit more AUD short-covering to come. AUD/USD Traders A Green Light To Sell. News of the Day! AUD GDP to be announced today. As we can see in the history we have a decline situation. Due to Weaker retail sales, weaker employment and ewages data, so it’s expected to have a weaker GDP for now. To have a better GDP, The AUD must have readings above 0.40%.