GBPNZD-SELL strategy 2-Daily chart
The pair has seen again lofty heights, but usually, when we spike above the regression channel, the pair must return over time to the mid-range at least. In combo with an overbought state, I feel we may see 2.1850 area in some weeks to come.
Strategy SELL @ 2.2300-2.2375 range and take profit at 2.1875 for now.
Strategy SELL @ 2.2300-2.2375 range and take profit at 2.1875 for now.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.