Aleksin_Aleksandar

GBPNZD long view, target zone 38.2%-68.2%

Long
OANDA:GBPNZD   British Pound / New Zealand Dollar
On the GBPNZD chart, we see how there is expansion, spreading trend lines. Here we can use Fibonacci to track pullbacks and determine potential targets. We now expect the GBPNZD to move into a zone between 38.2% and 61,8% Fibonacci levels.

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