Lingrid | GBPNZD breakout of the UPWARD channelThe market bounced off the resistance zone after a bearish divergence on the 4H. FX:GBPNZD reached a strong daily resistance and probably will pull back to support levels because the daily level at 2.09000 was rejected. It formed a big bearish candle. I expect the market to fall from the resistance zone toward the support level and breakout of the upward channel. My goal is a support level of around 2.07340
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻