Potential Reversal GBPNZD
We have a sell stop in place here at 1.86824.
All signs are pointing to a reversal if this breaks this trendline and continues to the downside. This may take a few hours to develop to so we will continue to update this idea throughout the day if it triggers.
All signs are pointing to a reversal if this breaks this trendline and continues to the downside. This may take a few hours to develop to so we will continue to update this idea throughout the day if it triggers.
Comment:
Price action is slowly heading down to our trend line. We will see what happens if it touches this area.
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