NZDCAD continues fall after this currency pair reversed down from the powerful combined resistance area lying at the intersection of the long term resistance level 0.92600 (which has been repeatedly reversing the price from the end of 2018) and the upper weekly Bollinger band. The downward reversal from this resistance area stopped the previous upward impulse wave (5). Given the strength of the aforementioned resistance area and the growing NZD pessimism seen across the FX markets today – NZDCAD is expected to fall further toward the next support level 0.91000. Strong resistance remains at the resistance level 0.92600.