SharifAzadeh
Long

GBPNZD; Time For A Corrective Rally

FX:GBPNZD   British Pound/New Zealand Dollar
159 0 3
This pair urgently needs some rally to relieve itself from the extreme oversold condition. I think breaking the 2.3048 resistance will offer a good trigger for a long position.

Good luck,

Ali             Sharif Azadeh, CFTe
Comment: This pair failed to offer us the trigger and fell again to the lower area of the channel.
Comment: This pair might well start a corrective rally next week. Stay tuned.
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