CAN BULLS TAKE CONTROL OF GBPNZD?
Bears recently drove prices from a peak high around 2.0 to 1.93, breaking the uptrend support and subsequently an acting support around 1.96. Within the coming weeks, we expect a retest of the broken structure from either one of the zones highlighted in the chart. Trading is reactive not predictive, use proper risk management and be aware of liquidity hunts.
Wishing y'all a successful trading week ahead.
Wishing y'all a successful trading week ahead.
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