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Jroge107

GBPNZD: Will the Support Hold?

Paun British / Dolar New Zealand (FX:GBPNZD)  
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FX:GBPNZD   Paun British / Dolar New Zealand
Trend Analysis Chart Patterns Beyond Technical Analysis GBPNZD GBP NZD gbpnzdshort gbpnzdlong support
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trendanalysis chartpattern beyondta gbpnzd gbp nzd gbpnzdshort gbpnzdlong support
Weekly chart of GBPNZD and we are facing a critical level. If structure holds an explosive move up will be needed to break the previous multi-year support. If this zone of importance does not hold, likely to continue down to lower zone & along the trend line that has formed.

As always; don't trade assumptions. Wait for price to react to this level and then jump on the wagon.
Komen:
snapshot
price seems to be bouncing in our original area. a break above and retest of the green would be needed for a long position to be opened.

Idea Berkaitan

Jroge107
GBPNZD - Double Bottom
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