jorhl

GBPNZD Medium term Sell opportunity

Short
FX:GBPNZD   British Pound / New Zealand Dollar
Looking for medium term swing trades on this pair. Expecting a pullback to broken support level at 1.9100 (or even extend it to 1.9200) and enter short trade upon confirmation of bearish candlestick around that Yellow box area. NZD fundamentals looking strong as well confirming the potential trend direction being towards 2018 low of 1.81000 level, which is my long term target on this pair.
Target 1 - 1.8900
Target 2 - 1.8660
Target 3 - 1.8500
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.