Range in GBPNZD. We expect a break!
In recent months, we have seen many sideways movements in the forex market in anticipation of clear trends. During this time we can trade within the channel, and in case of a break we can look for a continuation in the direction of the break!
Today we show you the possibility at GBPNZD. Here we have a side movement started at the beginning of the month, which finds very strong support at 1.91. In case of a break of this level we will expect an intensification of the down movement!
The initial goals are:
1.9005
1.8980
To support us, like and comment!
Today we show you the possibility at GBPNZD. Here we have a side movement started at the beginning of the month, which finds very strong support at 1.91. In case of a break of this level we will expect an intensification of the down movement!
The initial goals are:
1.9005
1.8980
To support us, like and comment!
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