GBPNZD long
Hello lads and lass. GBPNZD for this week as turned at support level that was established at 1.90831. A Key reversal on the weekly bar might indicate a correction of the big move to the downside. On the daily TF, Tuesdays bar made a strong move up, engulfing the previous days bar. The gradual change in trend after bearish strength might be the reason for the weak bars that followed the following day. A good opportunity to go long would be viable if a retest on support is done and a strong bullish bar is seen rejecting the zone. The 1.94500 was a previous support level and would act as a target for longs.
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