GBPNZD 4 Hour Analysis (15 June 2023)
1. Price is following a bearish trend
also we can see that price is reversing
from the trendline
2. We have important fib levels for
price momentum analysis
3.If price breaks, KL1, we have to wait
for retest
4. If price still stays in bearish
our tp can be on 0.236 level
5. Next, if price crosses KL2, we can
expect the bearish move to continue
1. Price is following a bearish trend
also we can see that price is reversing
from the trendline
2. We have important fib levels for
price momentum analysis
3.If price breaks, KL1, we have to wait
for retest
4. If price still stays in bearish
our tp can be on 0.236 level
5. Next, if price crosses KL2, we can
expect the bearish move to continue