GBPNZD

Price has rejected the 1.95 resistance level three times. Price is now right under the resistance. We should see price fall back down to its support zone of about 1.90. Our MACD has just crossed over as a sell signal. Our stop loss is over the two psychological levels of 1.95 and 1.96. This gives us a nice trade ration of 2:1.

Penafian