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AEFX786

GBPNZD Short (Sell) Trade Setup Idea

Short
British Pound / New Zealand Dollar (FX:GBPNZD)  
AEFX786 Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Support and Resistance Supply and Demand GBPNZD gbpnzdsell gbpnzdshort gbpnzdsignal gbpnzdforecast gbpnzdanalysis gbpnzdidea
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trendanalysis supportandresistance supplyanddemand gbpnzd gbpnzdsell gbpnzdshort gbpnzdsignal gbpnzdforecast gbpnzdanalysis gbpnzdidea
GBPNZD is quite interesting as there is no strong structure levels before 1.87. There was a support ledge which has failed to hold and we can now see price failing to the downside.
Comment:
This setup is invalidated as the support failed to hold as resistance.
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