Paun British / Dolar New Zealand
Panjang
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GBPNZD pullback?

59
GBPNZD ready for pullback?

  • There seems to be either a triple bottom or inverted head and shoulder in the 4 hours chart. Yet to confirm since price yet to penetrate neckline.


  • Volume seems to be higher on the left side compared to the left.


  • Expect the pair to pullback to at least the resistance line.

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Nota
Instead of making a pullback up, this pair looks like going to go lower. Yesterday's key reversal couple with an inside bar from the previous 2 days give a strong indication that this is about to go lower. Will be looking for opportunity to SHORT the pair.

Penafian

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