NZDCAD currency pair recently reversed up from the powerful support level 0.86300, which has been repeatedly reversing the pair from last October – strengthened by the lower daily Bollinger Band. The upward reversal form the support level 0.86300 stopped the previous intermediate impulse wave (3). Given the bullish divergence on the daily Stochastic indicator – NZDCAD currency pair can be expected to rise further toward the next resistance level 0.88500 (top of the previous medium-term ABC correction (2) from the end of May).