VantageMarkets

GBPNZD to find sellers at market?

Short
VANTAGE:GBPNZD   British Pound / New Zealand Dollar
GBPNZD - 24h expiry

Previous support located at 2.0400.
Previous resistance located at 2.0450.
Price continues to trade within the triangle formation.
A move through 2.0375 will confirm the bearish momentum.
The formation has a measured move target of 2.0100.

We look to Sell a break of 2.0390 (stop at 2.0460)

Our profit targets will be 2.0220 and 2.0180

Resistance: 2.0450 / 2.0500 / 2.0550
Support: 2.0400 / 2.0375 / 2.0100

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