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GBPNZD Key Zone to Watch for Longs

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
Fxprotrader Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis GBPNZD
11
2
trendanalysis gbpnzd
Previous structure and the lower parallel of a rising channel create a solid support zone to watch for a buy setup in case price reaches the level.
I
Comment:
Price rallied as expected, although it didn't retraced to the support zone. It has now broken above the resistance sliding parallel of the channel and most likely it will continue going up.
snapshot
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