BillionsFx

GBPNZD CONTINUATION OF DOWNTREND?

Short
FX:GBPNZD   British Pound / New Zealand Dollar
1) Double top formed @ Daily resistance @ 109523 zone
2) Downside shifts in MA's
3) Previous/ most recent daily candle closed below resistance level
@ 1.84228 zone, if zone holds + next daily candle close below zone
will warrant further shorts.
4) Target 1 @ 1.80041
5) Target 2 @ 1.76786 = Daily support zone giving extra confluence


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