GBPNZD: Buy opportunity on 1D.

The pair is trading within a 1D Channel Up (RSI = 52.233, MACD = 0.004, Highs/Lows = 0.0000). The candle sequence is repetitive inside the pattern and that allows us to make the estimate that the price will rebound on that (inner) Higher Low (maybe a near double bottom) towards a new Higher High. TP1 = 1.9600, TP2 = 1.9800.






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britishpoundChart PatternsCurrenciescurrencyForexGBPGBPNZDTechnical IndicatorsnewzealanddollarNZDTrend Analysis

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