$GBPNZD Bearish Expectation.

GBPNZD has been bearish for long term move, But It Trade within 2.100 and 1.85 since Mid 2011. the Pair Made new low at Apr 2013 - 1.80. Since the pair is at upper area of SideWays Line, The Up Move may only test resistant, and more probability for bearish move.

I am expecting the price will show weakening bull price formation to short the pair at 2.02, 2.05, or 2.10 area. My down side target will be 1.90 and 1.85 area.