Analysis of the NZDCAD Currency Pair for 10.02.2026
NZDCAD
Trend is bullish. The currency pair is trading within the range of the 365 and 135 EMAs. The corrective wave structure is truncated. The Stochastic Oscillator indicates oversold conditions.
Trading idea:
Buy on the formation of a bullish wave structure, where wave (A) breaks the descending channel of the truncated corrective structure.
Stop Loss – 0.8177.
Target levels – 0.8220; 0.8239.
