ForecastCity
Short

Don't miss the great sell opportunity in GBPNZD

FX:GBPNZD   British Pound / New Zealand Dollar
Trading suggestion:
. There is a possibility of temporary retracement to resistance line (1.9635). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPNZD is in a range bound and the beginning of downtrend is expected.
. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
. The RSI is at 33.

Take Profits:
TP1= @ 1.954
TP2= @ 1.935
TP3= @ 1.908

SL= @ 1.972
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I got huge profit out of this forecast. Thanks a lot for such a wise forecast.
+1 Reply
@fxniki, You're welcome!
+1 Reply
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