GBPNZD broke below 50% Fibs then came back to retest it this time as a resistance. On two occasions resistance was rejected while in-between 61.8% support broken. Overall it seems like a very bearish trend that is likely to continue. First target is 2.27 area, where 76.4% support is located.
Trade closed: target reached
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Comments
PabloDoNazimento
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vERY EXCELLENT analisys, thanks sr 4 share your knowledge