VasilyTrader

GBPNZD On Major Key Level! Your Trading Plan:

Short
FX:GBPNZD   British Pound / New Zealand Dollar

GBPNZD is testing a 1.98 major structure resistance.

The price is stuck on that level for 3 weeks.
On intraday time frames we see a narrow horizontal trading range.

To confirm the next swing move, wait for a breakout of its support/resistance.

In case of a bearish violation,
I will expect a bearish move to 1.945 level.

In case of a bullish violation,
bull swing will be expected. Next resistance 2.0

Wait for a breakout & follow the market.


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