British Pound / New Zealand Dollar

Long

confirmed structure breakout on pound new zealand

By VasilyTrader

Updated

snapshot

hey traders,

on pound new zealand we see a decent bullish violation of 1.9 level setting new structure high around 1.92
Now the market is in overbought condition so with high probability we will see a pullback to 1.9.
For us this level is a great entry point for buying the market.

my first target will be around 1.96 and second around 2.0

stop loss is 1.845

good luck!

Note

Down move

Note

Market closed retesting the broken structure

Note

bounce from the zone

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