# NZDCAD Wave Analysis

> NZDCAD reverses from support at 0.7990, targeting 0.8050 resistance.
- Title: NZDCAD Wave Analysis · TradingView | Shortify
- Summary: NZDCAD reverses from support at 0.7990, targeting 0.8050 resistance. NZDCAD reversed from support level 0.7990 and is expected to rise to resistance level…
- Keywords: nzd cad, fxpro, support level, resistance level, technical indicators, stochastic indicator, business, finance, NZDCAD, Wave, Analysis, TradingView
- Source: TradingView — https://tradingview.com/chart/NZDCAD/jYxYWzlr-NZDCAD-Wave-Analysis-16-September-2026
- Published: 2026-09-16T10:52:25+00:00
- Read time: 1 min
- Topics: nzd cad, fxpro, support level, resistance level, technical indicators, stochastic indicator, business, finance
## NZDCAD Wave Analysis
NZDCAD reversed from powerful support level 0.7990.
## Support Zone Reversal
The pair reversed from support zone between 0.7990 and lower daily Bollinger Band.
## Previous Correction
This reversal stopped short-term ABC correction 2 from August start.
## Resistance Target
NZDCAD expected to rise to resistance level 0.8050.
## Oversold Stochastic
Oversold daily Stochastic indicator suggests upward movement.
## Key takeaway

NZDCAD reversed from support level 0.7990 and is expected to rise to resistance level 0.8050.