Failed the previous high

FX:GBPNZD   British Pound / New Zealand Dollar
82 3 0
As the rate failed to reach the January high it is supposed to correct 50 %. Tis would also be the middle tooth of the pitch fork.
Perhaps this makes sense. I will have an eye on it. Thanks.
I like your multipivot line at 1.9270. It's actually a target of my long position (1.9274). I think we'll get there very soon.
Seems that the pair runs out of steam. I take the nice profit and don't wait until the target is reached.
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