GBPNZD - Possible bullish route
PAIR IN FOCUS: GBPNZD
BIAS: NEUTRAL-BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price is currently in a range and it would be good to be patient and wait for a break out of it. Should the price break higher, observe for a retest of the upper range area for targets at the next structure level. Likewise for TP 3, we would want to see a break and retest of the structure level AND strength to climb higher.
TP 1 - 1.96900
TP 2 - 1.98200
TP 3 - 1.99300
Let's see how this goes!
BIAS: NEUTRAL-BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price is currently in a range and it would be good to be patient and wait for a break out of it. Should the price break higher, observe for a retest of the upper range area for targets at the next structure level. Likewise for TP 3, we would want to see a break and retest of the structure level AND strength to climb higher.
TP 1 - 1.96900
TP 2 - 1.98200
TP 3 - 1.99300
Let's see how this goes!
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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.