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Mbjoey
Sep 27, 2023 4:38 PM

GBPNZD  

GBP/NZDOANDA

Description

At the moment, I think it will be too soon for me to say there would be a reversal or a continuation, however a breakout on either side is what I'd love to see before taking a position.

A break above the and its retest, 2.04919 I will go long
A break below the and its retest, 2.04036 I will go short. Until then, fingers crossed

Disclaimer:

All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results

Comment

Broke out on the upper side and currently doing a retest at the 2.04919, if the new found support holds, we just might have a bullish move set up. Fingers crossed
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