GBPNZD May Rise Up to 2.1350
GBPNZD May Rise Up to 2.1350
Yesterday,the NZD,s strength was bolstered bt positive news about China's significant stimulus measure.As a result,GBPNZD quickly dropped by nearly 210 pips within a few hours . However,the bearish breakout turned out to be a false breakout .The price rebounded above the zone ,erasing most of the losses.
GBPNZD May now rise easily to the first resistance zone at 2.1280,with a potential maximum target of 2.1350 based on our analysis.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: please support with a like or comment if you find this analysis useful for your trading day ❤️
Yesterday,the NZD,s strength was bolstered bt positive news about China's significant stimulus measure.As a result,GBPNZD quickly dropped by nearly 210 pips within a few hours . However,the bearish breakout turned out to be a false breakout .The price rebounded above the zone ,erasing most of the losses.
GBPNZD May now rise easily to the first resistance zone at 2.1280,with a potential maximum target of 2.1350 based on our analysis.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: please support with a like or comment if you find this analysis useful for your trading day ❤️
Trade closed: target reached
GBPNZD moved beyond the first target near 2.1307,
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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.