mendrinvest

Possible Fake Out in GBPNZD

Long
FX:GBPNZD   British Pound / New Zealand Dollar
This pair is in an uptrend....we have a breach of support here, but if price wants to touch back to our entry level, we may see some severe long covering, bringing prices at least up to the previous .618 swing. Lets see how it plays out.

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.