Don't miss the great sell opportunity in GBPNZD

15 במאי 2019

Trading suggestion:
. There is a possibility of temporary retracement to resistance line (1.9635). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPNZD is in a range bound and the beginning of downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 33.

Take Profits:
TP1= @ 1.954
TP2= @ 1.935
TP3= @ 1.908

SL= @ 1.972