NZD/CAD - rebound after uptrend line test
NZD/CAD looks very interesting. From September to December 2015, price moved in an uptrend. In the end of December, correction occurred which continues till today. Downward movement took a shape of ABC simple correction and particular points can be marked already. There isn't perfect equal A = C, but other elements should help with further upward movement.
Rebound occurs at trend line, which begins at August's low. Additionally this level coincides with support. Last three days we saw dynamic rebound; thus it is likely that some correction may occur. However in the medium term price should test at least high from December 2015.
Time-frame D1
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