GBPNZD Technical Overview: Bearish Correction
GBPNZD Tested the short term support at 1.92700 and reversed.
Positive UK data may trigger the bullish move.
A Bullish Total Harmonic pattern formation at 1.92680 – 1.92540.
If the price breaks 1.92800 resistance, it may test 1.92450.
Our plan is to use pullbacks as buying opportunity. Our targets 1.93480 and 1.93800. Stop Loss 1.92300
Rules To Keep In Your Mind: Trade Safe. Money Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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