motleifaul

Retracement Failed

Short
motleifaul Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
It seems tobe a range trading now but the pressure is to the downside. Besides the previous low I don't see a serious support.
Trade closed: target reached:
Before the markets close for the weekend I am closing the first part of my position taking the profit. But I am still leaving a part of the position short in the market for a further drop.
Trade active
Trade closed: target reached
Comment:
There is a fading momentum. Perhaps there will be no further drop at moment.
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