Trader_97

POSSIBLE SCENARIO FOR GBP/NZD

FX:GBPNZD   British Pound/New Zealand Dollar
31 0 3
Look to buy low and exit once price hits the channels high.I expect to GBP/NZD to slowly continue to make its way higher until it retests the T.L support turned resistance from a falling wedge structure from last year.We could see the price dive upon a retest of that zone 1.83-1.82 and then price may continue to move in line with bigger picture as the bears take control and we test the lows of 1.77.
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