NZDCAD continues to fall inside the sharp downward impulse wave 5 which started recently from the resistance area lying between the resistance level 0.8420, upper daily Bollinger Band and the 50% Fibonacci correction of the previous downward impulse from August. The active impulse wave 5 belongs to the longer-term impulse wave (3) from June. With the strong bearish New Zealand Dollar sentiment seen across the markets today – NZDCAD is expected to fall further toward the next support level 0.8250 (which stopped the previous sharp daily downtrend at the end of September).