The Canadian dollar was the best performer last week while the New Zealand dollar lagged.
I don’t think I’ve ever looked at that cross. I don’t even know if I should be looking at NZD/CAD or CAD/NZD. I’ll go with option #1.
NZD/CAD weekly
It’s a turnaround for sure. The pair fell 1.5% or 148 pips on the week. Technically, it could be the start of a bigger retracement but it’s a tough one to trade.