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GBPNZD Potential HeadnShoulders.

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Paun British / Dolar New Zealand (FX:GBPNZD)  
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FX:GBPNZD   Paun British / Dolar New Zealand
Support and Resistance Fibonacci Head and Shoulders GBP GBPNZD NZD poundsterling gbpnzdshort headnandshoulders Fibonacci Cluster short
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supportandresistance fibonacci headandshoulders gbp gbpnzd nzd poundsterling gbpnzdshort headnandshoulders fibonaccicluster short
GBPNZD has now completely retraced from the last push to the upside, Gbreaking a key zone and forming a neckline to give us a potential head n shoulders early entry. With Fib clusters at the entry zone and notice the large supply candle it is also 50% giving us a strong confluence sell target area in the market for a continuation to the downside. To add confidence the MACD is building a hidden divergence signal to suggest a continuation of current movement.
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