UKTRADERS21

GBPNZD EXPECTING LONG PULLBACK TRADE

Long
OANDA:GBPNZD   British Pound / New Zealand Dollar
The market is currently at the daily support level, where we expect it to move towards the buying direction. If we look at the 1-hour chart, we can see clues such as a double bottom pattern with its neckline already broken above. Now, we will anticipate the trade as follows:

Entry: 2.0662,
Stop loss: 2.0615,
Targets: 2.0717 & 2.0757.

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