GBPNZD 240min Rising Channel Breakdown
GBPNZD has pushed it's way back up to a Daily Resistance Zone. It has formed a Rising Channel as it has pressed into Resistance and typically you will see a break to the downside. This is NOT necessarily a trend reversal but at least some relief for the short term.
Trade closed: target reached
Trade closed +264 pips
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.