GBPNZD is approaching our first resistance at 1.9284 (horizontal swing high resistance, 78.6% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.9184 (horizontal overlap support, 38.2% Fibonacci retracement).
Stochastic (55,5,3) is approaching resistance where we might see a drop in price.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
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