NZDCAD breakout of a long term resistance

After the favorable interest rate for the NZD, the currency pair had a very strong up-movement, testing, once again, a strong long-term resistance.
NZD has been weak for months, with speculators joining and waiting for the interest rate to go down, as announced by the Reserve Bank of New Zealand. Everyone, including me, was expecting a rate at 0.75%, while the data surprised the investors, remaining at 1.00%.
This might give new strength to the NZD and may finally break this long term resistance on NZDCAD, with the price going towards a new high.
Risk to reward ratio is promising, technical and fundamental analysis are on our side, let's place a stop entry order to wait for the breakout.