Potential Reversal GBPNZD
Updated
We have a sell stop in place here at 1.86824.
All signs are pointing to a reversal if this breaks this trendline and continues to the downside. This may take a few hours to develop to so we will continue to update this idea throughout the day if it triggers.
All signs are pointing to a reversal if this breaks this trendline and continues to the downside. This may take a few hours to develop to so we will continue to update this idea throughout the day if it triggers.
Comment
Price action is slowly heading down to our trend line. We will see what happens if it touches this area.
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