GBPNZD bounced off Support, Prepare For A Bounce
GBPNZD bounced off its support at 1.9291(100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal pullback support) where price is expected to bounce up to its resistance at 1.9527 (horizontal swing high resistance, 100% Fibonacci extension).
Stochastic (55, 5, 3) is testing its support where a corresponding bounce is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (55, 5, 3) is testing its support where a corresponding bounce is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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