Even after NZD rate cut price could not break this level:
Here on H4 chart we see a triple top formation with strong divergence.
I expect price to make a deeper pullback before continuing the rally on D1 chart.
hi, i know it feel very good when you catch the top and short at the right time, but i don't want to take the slim chance.
as for GBPNZD, it's bottomed for years, then we have this summer's break up, it's very significant. my trading stragety is very simple: in 2hour charts, every time MACD makes a crossover i buy. i don't know where the top is , but i only long in uptrend . good day