GBPNZD 4-Hour: Expected Decline Towards 2.1340 Support Level
Updated
After hitting resistance level of 2.1570, GBPNZD has started to fall. We expect the price to keep dropping until it reaches the support level at 2.1340. We believe this is where buyers will likely enter the market and start buying, possibly pushing the price back up to 2.1570. If the support at 2.1340 is broken, the next critical levels to watch will be around 2.1286 and 2.1310.
Trade closed: target reached
DONE
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