GBPNZD has possibility to reverse the trend
GBPNZD has possibility to reverse the trend
GBPNZD made a very nice upward trend on H1.
Last week, however, it broke the support and we see that at the moment there is no strength to continue.
This allows to reverse the trend and search for short positions.
For this purpose, however, we must see confirmation of the reversal with a break of the previous bottom.
If we see a break we can expect to reach 1.8837 and 1.8682!
Pre-entry is not recommended!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment
GBPNZD made a very nice upward trend on H1.
Last week, however, it broke the support and we see that at the moment there is no strength to continue.
This allows to reverse the trend and search for short positions.
For this purpose, however, we must see confirmation of the reversal with a break of the previous bottom.
If we see a break we can expect to reach 1.8837 and 1.8682!
Pre-entry is not recommended!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment
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