HELLO TRADERS
Lets talk about GBPNZD but first well take a look at the NZD currency index ZXY
ZXY has been bullish for a while but now has been correcting higher to test support
we expect a continuation lower and as we know a weaker ZXY means a stronger GBPNZD
(see chart below)
now back to GBPNZD
GBPNZD has been very bullish and recently corrected lower to test support @ 1.496
where we expect a continuation higher targeting previous highs @ 1.967
BREAK BELOW 1.94 WILL INVALIDATE THIS IDEA
GOODLUCK
IF YOU FIND THIS IDEA VALUABLE BOOST IT TO REACH MOREA TRADERS
Lets talk about GBPNZD but first well take a look at the NZD currency index ZXY
ZXY has been bullish for a while but now has been correcting higher to test support
we expect a continuation lower and as we know a weaker ZXY means a stronger GBPNZD
(see chart below)
now back to GBPNZD
GBPNZD has been very bullish and recently corrected lower to test support @ 1.496
where we expect a continuation higher targeting previous highs @ 1.967
BREAK BELOW 1.94 WILL INVALIDATE THIS IDEA
GOODLUCK
IF YOU FIND THIS IDEA VALUABLE BOOST IT TO REACH MOREA TRADERS
