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GBPNZD - SETUP

British Pound / New Zealand Dollar (OANDA:GBPNZD)  
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OANDA:GBPNZD   British Pound / New Zealand Dollar
Trend Analysis Chart Patterns GBPNZD GBP NZD Currencies IDEA
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trendanalysis chartpattern gbpnzd gbp nzd currencies idea
GBPNZD price has broken the parallel channel support and the price is going to drop. Bears can target 30 pips in a quick move and after breaking that support zone will drag the price down towards a 0.618% fib level. So selling on strength will be a good strategy.
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