FX:GBPNZD   British Pound / New Zealand Dollar
0
AFTER ALREADY REJECTING AND FALLING FROM 61.8 RETRACEMENT LEVEL PRICE THEN BOUNCED OF THE TREND LINE AND THEN REJECTED THE 38.2 RETRACEMENT LEVEL, WHICH IS CONFLUENT BECAUSE THIS IS A KEY LEVEL OF RESISTANCE. IF WE SEE A BREAK OF THIS UPWARDS TREND LINE WE COULD BE HEADING STRAIGHT DOWN TO 1.91. WILL BE WATCHING CLOSELY TO SEE IF IT BREAKS OUT OF TRENDLINE. IF IT DOES WILL BE WATCHING FOR BREAKOUT, RETEST AND CONTINUATION PATTERN.
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