NZD/CAD
The cross has resumed its downtrend after a technical rebound last week and should test a support at 0.8110 (short term support line). A break below this threshold would signal an extension of the downtrend toward 0.8040 then 0.7986 (retracements of the uptrend between September & November 2012). A break above a resistance at 0.8176 would invalidate this scenario and would instead signal a return to the recent top at 0.8272.
Click here to read the full report: FX Trends Daily
NATIXIS