Mihai_Iacob

GbpNzd- Where to buy for 2.0 target?

Long
OANDA:GBPNZD   British Pound / New Zealand Dollar
From recent November's low under 1.9, the pair has reversed strongly and now is trading exactly in 1.9650 resistance
At this moment we can consider that a higher low is in place just under 1.94 and I expect a continuation to the upside for this pair, and 2.0 figure to be reached in medium-term.
Buy dips is my strategy for this pair and the ideal zone for a strong R:R is 1.95
A drop under 1.93 would negate this bullish scenario

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