GBPNZD SHORT
X marks the Spot.
For a Bearish Price Action,
I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks.
For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely.
I am more bearish than bullish on the cross.
1st Target at 1.81340
2nd Target at 1.73558
For a Bearish Price Action,
I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks.
For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely.
I am more bearish than bullish on the cross.
1st Target at 1.81340
2nd Target at 1.73558
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