NZDCAD pressure buildNew Zealand Dollar/Canadian DollarFX:NZDCADblaseit28With the recent bounce of the heavily engrained weekly/monthly trend line, the tide may be changing for the kiwi. Interest rate slightly above that of the EURO but still equal to the CAD makes this even more of a sign that a break out above 0.80 is eminent. The low of the fibonacci painted on the 19th of November to the high on the 4th of December was a staggering 209 pip move that is still yet to be awakened. We're coming back into the territory where the bullish momentum will almost certainly rear it's head. The pair had a stellar bounce off the 78.6 extension of the fib, just waiting for another confluence to solidify what we're already seeing. Best of luck!