GBPNZD: Will the Support Hold?
Updated
Weekly chart of GBPNZD and we are facing a critical level. If structure holds an explosive move up will be needed to break the previous multi-year support. If this zone of importance does not hold, likely to continue down to lower zone & along the trend line that has formed.
As always; don't trade assumptions. Wait for price to react to this level and then jump on the wagon.
As always; don't trade assumptions. Wait for price to react to this level and then jump on the wagon.
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