GBPNZD will it go long?
GBPNZD - Daily Time Frame
Trend: Down
Daily candle on Friday closed at 1.84776.
Will need to see further PA before executing any buys and further confirmations from the 4 hour TF.
There is a possibility of price falling to around 1.83859 to previous support, will need to see if this level holds and assess at Monday daily candle close.
* This profile is for educational purposes ONLY!
* The trade idea given is my own perspective of the Forex market and by no means require action!
* Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
Trend: Down
Daily candle on Friday closed at 1.84776.
Will need to see further PA before executing any buys and further confirmations from the 4 hour TF.
There is a possibility of price falling to around 1.83859 to previous support, will need to see if this level holds and assess at Monday daily candle close.
* This profile is for educational purposes ONLY!
* The trade idea given is my own perspective of the Forex market and by no means require action!
* Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
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