GBPNZDTrading Outlook


Bear still holding!

yesterday As we have had observed, which laterally proven true through price action selling momentum dominated this market, ranged from 2.02211. to 1.99028. thus we are in view of continuation this selling trend until break up yesterday’s high.

our preference!

Foremost we will prefer to sell this market from 2.00978 with the target of 1.9787&1.97174 respectively.

Alternative scenario!

Finally if yesterday’s high was put in the end we would see the further upside and the levels could be 2.03446&2.04268 respectively for the day.

tightening you stop!

Please don’t allow your trading wild. must have stop loss tightly in order for secure trading. have a nice trading journey.