GBPNZD previously broke a rounding bottom and entered into a rectangle of prices. Price has just broken towards the upside.
Potential bulls can bring the market back up to retest the previous breakdown level (now resistance of 2.05 to 2.07 area)
Potential bulls can bring the market back up to retest the previous breakdown level (now resistance of 2.05 to 2.07 area)
Trade active
Price seems to have broken above and on its target towards 2.07703 resistance areaConsider moving stop to breakeven
Note
GBPNZD is still going up,maintain long, target 2.07703
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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.
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.