Long term Trend for GBPNZD remain bullish as refer swing high/low market structure in weekly and daily TF
although bullish momentum candle seemed weak.
price reject strong resistance in 1.997 area. since 26 dec 2019, price has moved uptrend and yesterday candle formed still hasnt shown that seller will overtake uptrend retracement.
Instant long, SL @ 1.98830
although bullish momentum candle seemed weak.
price reject strong resistance in 1.997 area. since 26 dec 2019, price has moved uptrend and yesterday candle formed still hasnt shown that seller will overtake uptrend retracement.
Instant long, SL @ 1.98830
Trade closed: target reached
At the moment, gbpnzd has made a new higher high and closed above previous high @ 1.99805 (28/1/2020)
expecting more bullish moment in the next hours.