NZD/CAD seems to find a resistance near 38.2% Fibs (0.9464) but hasn't tested yet any of the downside targets.
Consider holding NZD/CAD shorts from 0.9500 to target either 23.6% (0.9410) or 0% Fibs (0.9327). The stop loss can be moved lower, just above the 50% Fibs level (0.9506).
Support: 0.9411, 0.9327
Resistance: 0.9464, 0.9506, 0.9548
The material has been provided by InstaForex Company - www.instaforex.com