GBPNZD Analysis: Price currently at a critical decision point
Hi traders,
This pair has been in consolidation for the past one month and likely to make the next big move very soon.
It is following a rising trendline and has come to test it once again.
It is also currently at a strong support zone.
I see high likelihood of it to bounce and continue upwards.
Breakout of the trendline will invalidate the long idea. In case breakout occurs short the pair.
Let me know your views in the comments. Hit like if you agree with the idea.
This pair has been in consolidation for the past one month and likely to make the next big move very soon.
It is following a rising trendline and has come to test it once again.
It is also currently at a strong support zone.
I see high likelihood of it to bounce and continue upwards.
Breakout of the trendline will invalidate the long idea. In case breakout occurs short the pair.
Let me know your views in the comments. Hit like if you agree with the idea.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.