GBPNZD May Rise Up to 2.1350
Updated
GBPNZD May Rise Up to 2.1350
Yesterday,the NZD,s strength was bolstered bt positive news about China's significant stimulus measure.As a result,GBPNZD quickly dropped by nearly 210 pips within a few hours . However,the bearish breakout turned out to be a false breakout .The price rebounded above the zone ,erasing most of the losses.
GBPNZD May now rise easily to the first resistance zone at 2.1280,with a potential maximum target of 2.1350 based on our analysis.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: please support with a like or comment if you find this analysis useful for your trading day ❤️
Yesterday,the NZD,s strength was bolstered bt positive news about China's significant stimulus measure.As a result,GBPNZD quickly dropped by nearly 210 pips within a few hours . However,the bearish breakout turned out to be a false breakout .The price rebounded above the zone ,erasing most of the losses.
GBPNZD May now rise easily to the first resistance zone at 2.1280,with a potential maximum target of 2.1350 based on our analysis.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: please support with a like or comment if you find this analysis useful for your trading day ❤️
Trade closed: target reached
GBPNZD moved beyond the first target near 2.1307,
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