very strong area for gbpnzd its make or break, I dont think that pound can break this
first this pair is very bearish in bigger time frames daily, monthly, weekly, second head and shoulder pattern and this move looks very corrective these h4 candles are moving up too slow look how many candles with no direction, strong bear candles vs weak bulls
200 ma on daily top macd looks good too and it is at channel top...
dollar is at resistance, while nzd sits on support i guess this would be good MACD supporting this move too.
lookint at this pair first it was mowing in a weekly channel now this channel was breaken. Monthly candle is ultra bearish and I am looking for continuation. First big support is at 0.67000. good luck
just wait and see how it will react ant ths zone. Better wat for h4 red candle if appers and then short cuz target is very big
be patient before getting in this trade