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NZDCAD facing bullish pressure, potential for further upside

Long
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
FXCM Courtier  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Harmonic Patterns Chart Patterns NZD CAD nzdcadlong
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trendanalysis harmonicpatterns chartpattern nzd cad nzdcadlong
NZDCAD is currently taking support from ascending trendline support. Prices might pullback to 1st support which coincides with 100% Fibonacci extension . Prices might bounce from 1st support to 1st resistance which coincides with 78.6% Fibonacci retracement and 100% Fibonacci extension . If prices fall through 1st support, it might take support at 2nd support which coincides with 61.8% Fibonacci retracement and 161.8% Fibonacci extension . Prices are also above EMA which shows bullish pressure for prices.
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