As seen clearly that GBPNZD fallback from its support ZONE , so now it will retrace where we get approx 500 pips till resistance zone.
Fall back from @1.9060 & target level @1.9794.
Note : If it hits its support zone again & again we have a buy trade & in the case of breakout we gonna focus towards selling till its next support zone.
DM FOR ANY QUERIES...
USD/JPY started the last week breaking below a descending triangle, but was not able to extend lower. Instead it continued to consolidate, and surged after the NFP report.
In this chat we can see that the market is on the upper Trendline of a triangle which is now in a challenging situation. If this dynamic resistant zone break successfully, it will expose the...