GBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 2.0200
What you guys think of this idea?
beyondtechnicalanalysisChart PatternsDescending ChannelfibretracementGBPNZDgbpnzdshortTechnical IndicatorsJTSreistancerejectionTrend Analysis

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