GBPNZD - 18h expiry - We look to Buy at 1.9550 (stop at 1.9450)

Previous support located at 1.9600.
Previous resistance located at 1.9650.
Broken out of the channel formation to the upside.
The correction lower is assessed as being complete.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.9650 will confirm the bullish momentum.

Our profit targets will be 1.9750 and 1.9800

Resistance: 1.9650 / 1.9750 / 1.9800
Support: 1.9600 / 1.9550 / 1.9500

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