FX:GBPNZD   British Pound / New Zealand Dollar
Downfall is soon ready to begin as price is rejecting off a key monthly level at the 1.89600 region. Previous weekly support being testing as new resistance, price is creating a potential double top along with rejection candles to this zone showing that buyers are struggling to push price higher..
Comment:
Weekly:
Comment:
break + retest then continuation. Big picture price is in a downtrend & a lower high has been set at key level structure.. Doji indecision candlestick made as well .
Comment:
Approaching target 1
Comment:
+250 pips
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.