OANDA:GBPNZD   Libra esterlina/Dólar neozelandés
I'm going for a demand zone on the 1h at 1.9978. As you can see, there are two demand zones but I choose the second one because the first one was tested, even though I prefer it over the second one. There is a good chance that there were still buyers there and it will take off. I don't mind. I rather deal with a mediocre untested zone than a tested great zone. The Daily chart indicates that the pair is sideways and the weekly chart indicates it is low in the curve. Both the hourly demand zones are inside a Daily demand zone, which increases my confidence, along with the relative strength on the Daily that shows the GBP is still king as the strongest of the major currencies versus the NZD being the weakest of the group. My target isn't exactly an opposing supply zone but a resistance level.

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