GBPNZD nice setup in the making
The lows of 1.6722 to the highs of 1.9838 mark = 1.8648 (0.38% retracement) was the last bullish rally, suggesting overall buyers are in control.
We now have some clear buying support lines and looking for an overall push higher - 1.9236 could be a tough barrier to break, but once we are through then there is decent head room
This lines up with my trade piece on GBPAUD
The lows of 1.6722 to the highs of 1.9838 mark = 1.8648 (0.38% retracement) was the last bullish rally, suggesting overall buyers are in control.
We now have some clear buying support lines and looking for an overall push higher - 1.9236 could be a tough barrier to break, but once we are through then there is decent head room
This lines up with my trade piece on GBPAUD