kinetix360

$GBPZND potential for Bearish Correction

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Previously I have bullish $EURGBP in 4hrs chart, which is a bullish correction move. Then I meet $GBPNZD for bearish correction now. The Long tail to 2.3445 will lead the price to exceed it this time. Again, C is on Mid Point Bullish ABC Pattern and resisted with 0.786 on bearish Move. But this time I will be watching above 2.3200 area, which is B area. Otherwise , a deep fishing on D potential will be also good.

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