GBPNZD: Loss of buying pressure at support
With every test of this support zone, there is a loss in buying momentum. If the market continues to consolidate at support, i'll expect a break of the support zone and continued downside.
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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.