An overview of the
currency markets by 
Hello everyone!
Let’s review the NZD/CAD hourly chart.
We have had a nice, strong movement up. We hit a new high from the recent up-trend and the question now is will it continue or start to head back down.
Current price is 0.7128 and our analysis shows there’s still a good potential move to the 0.7200+ area before heading back down again.
One other factor you must consider is that the spread on this pair can be astronomical. Some people pay up to 20 pips as the spread to enter this currency pair so be sure to weigh your Risk vs. Reward options.
Be sure to check your announcements, place your stops and apply your money management.