After completion of head &shoulders pattern in September, nzdcad fell to 200 day moving average and reverse from there. Now price is moving towards lower band of triangle formation. If 0.8740 support break below, 200 day moving day moving average can be tested again and this will be the 5th swing of triangle which probably will be the last.
If 0.8740 support holds, upper band of formation, 0.8877 can be tested again and we can see a short term double top at that level.
