GBPNZD HF TREND BREAKOUT POSITIONS (BULL OR BEAR? )

2020年6月16日

Here in GBPNZD, we have a strong support zone & according to my experience in Forex Market it will fly over 400pips this time as it's possible 60-70% over Long term. What if it remains in its trend & break the Support Zone it will probably fall till the last support level and take rest there. In short it will move 100 pips up & down to remain in trend.
But IN wave Analysis it is falling on Long Term.
Be careful on Fundamental analysis, as by fundamental it may even carry on falling.
Resistance at @2.0817, @2.0450, @2.0100 & support at @1.8412, @1.9145, @1.9333.
I hope This has get you a clear idea about GBPNZD moves.