Looking to sell the GBPNZD. 2 possible prices for retracement to then enter short.
Idea 1 sell around 1.72 - 0.382 fib of move from 1.7476 to 1.7050, 0.618 fib of move from 1.6704 tp 1.8000 and 4 day EMA
Idea 2 sell around 1.7267 - bee support twice (10/01 & 11/01) & acted as resistance on 12/01
Initial target 1.6930
Idea 1 sell around 1.72 - 0.382 fib of move from 1.7476 to 1.7050, 0.618 fib of move from 1.6704 tp 1.8000 and 4 day EMA
Idea 2 sell around 1.7267 - bee support twice (10/01 & 11/01) & acted as resistance on 12/01
Initial target 1.6930
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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.