Watch for potential GBP/NZD long...

FX:GBPNZD   British Pound/New Zealand Dollar
25 3 0
This is my favourite cross and only cross I follow consistently:
Lets take a look at bigger picture:
Prices had multi month rally from head and shoulder break. We are currently at support zone . Ha osc and stoch are coming from overbought region . Prices are out of cloud but are below Tenkan/Kijun now. It is neutral picture for now on monthly

Weekly:Coming at big supp here. 100 wma plus cloud base support. Take a look at Stoch as it is oversold now and HA osc already showing bullish divergence . I am expecting some kind of bounce from here to 2.2280.Chikou is below price now and we have weak cross of Tenkan/Kijun but this is not the best place to short.

Daily:Bearish overall picture.. RSI and stoch oversold and bullish divergence again on HA osc. Daily doji might be in works. If you are short, you can take profit here.

I will be looking for counter longs here on 4H if PA qualifies my buying criteria.
Based on 4H: we got 100 wma and cloud resistance coming in at 2.1915. Let's see what happens here overnight. No need to rush. Will check tomorrow morning at US open...

GBPNZD met first resistance. Lets see if Tenkan/Kijun hold here and HA shows some kind of bullish sign there...
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