GBPNZD : Potential Breakout
Updated
News on presidential will be released tomorrow, and generally pessimistic prospect of NZD if Labour Party takes more positions in cabinet.
The pair has been consolidating within the channel for 2 weeks, may have chances to breakout and target to higher levels.
Price got support near 1.8370, target to 1.8700 and 1.9100 as extensions with bullish crossover of MACD.
The pair has been consolidating within the channel for 2 weeks, may have chances to breakout and target to higher levels.
Price got support near 1.8370, target to 1.8700 and 1.9100 as extensions with bullish crossover of MACD.
Note
TP1 hit, heading to TP2
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