Lingrid

Lingrid | GBPNZD breakout of the UPWARD channel

Short
FX:GBPNZD   British Pound / New Zealand Dollar
The market bounced off the resistance zone after a bearish divergence on the 4H. GBPNZD reached a strong daily resistance and probably will pull back to support levels because the daily level at 2.09000 was rejected. It formed a big bearish candle. I expect the market to fall from the resistance zone toward the support level and breakout of the upward channel. My goal is a support level of around 2.07340


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻

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