GBPNZD has triggered a head and shoulders pattern.

In addition, price has just broken through a horizontal rectangle for a continuation trade. Clear structure to place stops above.

Target shown at the 1.89 area.

Please give this trade idea a THUMBS UP and I will keep you updated!

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
breakoutChart PatternsForexGBPGBPNZDhorizontalNZDTrend Analysis

Also on:

Disclaimer