GBPNZD is currently testing a significant resistance level, where it has been rejected multiple times and forced to tank to test support levels and probably gain a bullish momentum to break through the aforementioned resistance level. With previous price action in perspective, GBPNZD is expected to tank, at least to test the 1.90000 support level.
Entry Point Market Price, Stops 1.92600, Targets 1.89000
N.B. Trading ideas are subjective. Individual analysis adviced.
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