GBPNZD - 240 - If 1.9555 holds, then...
Trade Alert
We are seeing a strong rebound in GBPNZD, where it is aiming now towards the 1.9555 zone. Let's see if such a scenario happens. If the pair struggles to overcome that zone, then we could see the bears jumping into the action again.
For us to start looking into higher levels, we would need to see a break above the 1.9640 area. This way we could target slightly higher levels again that were seen around mid-October.
Always have your SL in place.
We are seeing a strong rebound in GBPNZD, where it is aiming now towards the 1.9555 zone. Let's see if such a scenario happens. If the pair struggles to overcome that zone, then we could see the bears jumping into the action again.
For us to start looking into higher levels, we would need to see a break above the 1.9640 area. This way we could target slightly higher levels again that were seen around mid-October.
Always have your SL in place.