FX:GBPNZD   British Pound / New Zealand Dollar


We have a Demand Zone around 1.93469, although we have an area where three pitchfork lines intersect above this area.

The lower median line of the red Schiff Pitchfork , the median line of the black Andrew's Pitchfork and the median line of the blue Andrew's Pitchfork (identified on a lower timeframe) all cross around 1.94025 at 2am 29th October UK time and should act as support provided price breaks through the median line of the blue Pitchfork , which has been resisting price so far, although price is stalling.

I will be looking to go long after a break through this blue median line with a RSI divergence on a lower timeframe.