GBPNZD: SELL LIMIT OPPORTUNITYThe pair is about to reach an important Resistance area (purple rectangle) that indeed was previously a Support. On this level bears already showed powers on Wed 22 February (rejection of price at 1.95407). For these reasons we can set a Sell Limit order at 1.95300 with Stop Loss at 1.962 (too often tight stop losses and quick false breakouts of resistances invalidate signals) and take profit around 1.92900.
Thank you.
