GBPNZD - Possible bullish route
PAIR IN FOCUS: GBPNZD
BIAS: NEUTRAL-BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price is currently in a range and it would be good to be patient and wait for a break out of it. Should the price break higher, observe for a retest of the upper range area for targets at the next structure level. Likewise for TP 3, we would want to see a break and retest of the structure level AND strength to climb higher.
TP 1 - 1.96900
TP 2 - 1.98200
TP 3 - 1.99300
Let's see how this goes!
BIAS: NEUTRAL-BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price is currently in a range and it would be good to be patient and wait for a break out of it. Should the price break higher, observe for a retest of the upper range area for targets at the next structure level. Likewise for TP 3, we would want to see a break and retest of the structure level AND strength to climb higher.
TP 1 - 1.96900
TP 2 - 1.98200
TP 3 - 1.99300
Let's see how this goes!
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