Top Down Analysis From W-D-4HR-1HR
Hi All, Todays Idea is a Long Buy on GBPNZD, See Analysis Below:
Technical:
Green Vertical Line - Weekly Support/Resistance
Blue Vertical Line - Daily Support/Resistance
Black - 4HR Support/Resistance
Continues Uptrend Corresponding With Trend Lines
0.5 Fib level touched with Bearish Candle
2x Bullish Pin Bars Indicating Movement Upwards
Fundamental:
No Major News Events Till Monday.
Fundamentals Sourced Using ForexFactory.
Hi All, Todays Idea is a Long Buy on GBPNZD, See Analysis Below:
Technical:
Green Vertical Line - Weekly Support/Resistance
Blue Vertical Line - Daily Support/Resistance
Black - 4HR Support/Resistance
Continues Uptrend Corresponding With Trend Lines
0.5 Fib level touched with Bearish Candle
2x Bullish Pin Bars Indicating Movement Upwards
Fundamental:
No Major News Events Till Monday.
Fundamentals Sourced Using ForexFactory.