asharifan

this pair is realy in a critical situation

OANDA:GBPNZD   Paun British / Dolar New Zealand
it is more than 10 years that zone of 1.900-1.916 used to be key level. sometimes support and sometimes flipped in to the resistance.
in last 160 days this level has been a sarong support .
in weekly time frame we have very week uptrend channel.(long-term)
in the Daily time-frame that is my overall trend time-frame we have a visible downtrend for 1 year (mid-time)
price is in very important key level and is making a buildup.
it is very critical point and as a swing trader we must stay very calm to see a break and close out of this buildup.

Penafian

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