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lukelehepuu
Jun 13, 2016 10:54 PM

GBPNZD IDEA Long

British Pound/New Zealand DollarFXCM

Description

Description of Chart:
With such a large move down recently I am looking for a short-term rally to take hold. Buying area is 2.0125 - 2.0050 with a target of 2.0389. There is a slight waning to the bears' strength and that could be good for the bulls. If we get a touch of the 200MA I would then look to short at some point.

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