GBP/NZD has broken declining channel. 1day bullish pin bar

NZD is showing short term bullish tendencies
The descending channel has been broken to the upside
Friday closed with a bullish pin bar
Primary Trend: Bearish
Secondary Trend/Minor Trend: Bullish
Key Resistance around 1.9100
Price should touch next resistance level
The descending channel has been broken to the upside
Friday closed with a bullish pin bar
Primary Trend: Bearish
Secondary Trend/Minor Trend: Bullish
Key Resistance around 1.9100
Price should touch next resistance level
Trade active
Price has broken above recent support so trade has been entered. Might extend the TP depending on trade technicalsDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.