GBPNZD - Just an idea!
It's a break above 200 EMA expect 1.618 as target areas!
It's important this week regarding fundamentals to take into consideration as we have many CB's!
If we stay above these levels, the bulls are in control. However, if we were to break below the areas of 1.90400 areas then bears may gain control.
Key tip: Most of the time, it's really best to ignore the noise.
Have a great week ahead,
Trade Journal
It's a break above 200 EMA expect 1.618 as target areas!
It's important this week regarding fundamentals to take into consideration as we have many CB's!
If we stay above these levels, the bulls are in control. However, if we were to break below the areas of 1.90400 areas then bears may gain control.
Key tip: Most of the time, it's really best to ignore the noise.
Have a great week ahead,
Trade Journal
Comment:
Still within range - we do have BOE and other CB's so i'd be careful positioning this week.