With disappointing news about CAD retail sales earlier and oil continues to fall, while NZD's TPP deal is expected to boost New Zealand's GDP growth, riding the current bullish trend for this pair, with TP near 95 and SL between R1 and base pivot lines (H1).

poundsterlinglive.com/cad/8570-canadian-dollar-retail-sales-in-focus-as-strategists-eye-1-2711-on-usd-cad

reuters.com/article/us-global-oil/oil-falls-as-stronger-dollar-eclipses-us-inventory-drop-idUSKCN1G6049

news.torfx.com/post/2018-02-21_pound-new-zealand-dollar-gbp-nzd-exchange-rate-tumbles-as-uk-unemployment-rises/

Daily:
snapshot

Weekly:
snapshot


Confidence: A (but must still be careful about getting whipsawed because pair might consolidate instead if there's another geopolitical news about oil)
Beyond Technical AnalysisBullish PatternsbuyCADChart PatternsNZDNZDCADTrend Analysis

Also on:

Related publications

Disclaimer