GBPNZD: SELL LIMIT OPPORTUNITY

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The pair is about to reach an important Resistance area (purple rectangle) that indeed was previously a Support. On this level bears already showed powers on Wed 22 February (rejection of price at 1.95407). For these reasons we can set a Sell Limit order at 1.95300 with Stop Loss at 1.962 (too often tight stop losses and quick false breakouts of resistances invalidate signals) and take profit around 1.92900.

Thank you.
交易結束:達到停損點
STOP LOSS IT.
fullertonmarketsGBPNZDshorttechnicalTechnical AnalysisTrend Analysis

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