ChrisdeChalain
Long

GBPNZD - short term correction

FX:GBPNZD   British Pound / New Zealand Dollar
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GBPNZD Monthly chart - correction on lower support Trendline. The formation of a bullish reversal in the shape of Tweezer Bottom or Railway tracks comes to mind.

This comes off the back of a Fib Projection outcome that has played out since August 2015. Price has moved 100% of the initial selloff. Correction in play. 76.4% fib level a potential 1st target.

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