NZDCAD Analysis: Possible Double Peak Model at the Main Resistance Zone.

NZDCAD Analysis: Possible Double Peak Model at the Main Resistance Zone.

NZDCAD Analysis: Possible Double Peak Model at the Main Resistance Zone.

13 May 2026

by: Kadiri Radouane

Date: mai.13.2026 Current price: 0.61600

The analysis here is on the NZD/CAD daily frame pair (1D), and shows a harmonic model with numbered waves from (1) to (5). The basic idea: The price is currently in an upward wave after rebounding from point (4), and heading towards a strong supply and resistance area between approximately 0.8190 – 0.8270, which is the expected area for the completion of the model at point (5). 📌 Expected scenario: If the price reaches this area and a weakness appears in the rise, we can see a strong downward reversal and a clear correction as shown in the stock. Conclusion: Currently buyers are in control, but approaching area (5) may give a strong selling opportunity if the reversal signals are confirmed

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