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Long

GBP/NZD forms Bullish Cypher Pattern, good to buy at dips

FX:GBPNZD   British Pound/New Zealand Dollar
228 0 3
Harmonic Pattern- Bullish Cypher pattern

Potential Reversal Zone (PRZ) - 2.268

The pair has made a low of 2.2700 and slightly recovered from that level. Overall trend is still bullish as long as support

On the higher side major resistance is around 2.2800 and break above targets 2.2850/2.2910/2.3070.

The major support is around 2.0680 and below that will take to next level at 2.0600/2.04950.

It is good to buy at dips around 2.2750-60 with SL around 2.0675 for the TP of 2.2915/2.3000
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