GBPNZD MOVING IN DOWNTREND STRUCTURE
Updated
GBPNZD MOVING IN DOWNTREND STRUCTURE.
In a downtrend, market is making primary and secondary trends.
A new primary trend is expected to form from this point.
Market may remain bearish in few upcoming sessions.
Market may test the support levels of 1.98000 and 1.96500 in near future.
Major resistance will remain at the level of 2.02500 on higher side.
In a downtrend, market is making primary and secondary trends.
A new primary trend is expected to form from this point.
Market may remain bearish in few upcoming sessions.
Market may test the support levels of 1.98000 and 1.96500 in near future.
Major resistance will remain at the level of 2.02500 on higher side.
Trade closed: target reached
Target1 achieved.
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