GBPNZD longThe green area is a very important area! Which is broken and now we are back to it!
The line that changes color from blue to black is Magic Trend indicator, which is now blue and looks upward.
The green dotted line is a strong support! Which is accompanied by strong volumetric support on January 7 (purple circle).
The red dotted line is a strong resistance line that has been broken since the beginning of the week! another sign of higher prices in near future!
The red line marked below the red highlight range is a deviation of 2 from the regression line that has been valid since mid-2016, and breakout has been clearly unsuccessful!
Everything seems to be ready for the pair to climb, but people who depend on candle approval in their strategy can wait for candle confirmation!
