NZDCAD currency pair recently reversed up from the support area located between the long term support level 0.80850 (which reversed the price at the start of 2020) and the lower weekly Bollinger Band. The upward reversal from this support area started the active short-term correction (iv). Given the strength of the aforementioned support area and the rising CAD outflows -NZDCAD currency pair can be expected to rise further toward the next resistance level 0.83300 (former low of wave 1 from the start of this year, target for the end of the active wave (iv)).