GBPNZD has been declining in the declining trend channel.. Current upmove has reached near the top of the trendline from where it could potentially go down one more time.. I would take a short position with stoploss just about the trend channel where it will give a breakout if not then will look for targets around the recent lows that were made. If you have any questions then let me know.
Happy Trading!!
Siraj Hudda, CFTe
Web: www.prowaveanalysis.com
Skype: sirajhudda
Email: contactus@prowaveanalysis.com
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Happy Trading!!
Siraj Hudda, CFTe
Web: www.prowaveanalysis.com
Skype: sirajhudda
Email: contactus@prowaveanalysis.com
Facebook: www.facebook.com/prowaveanalysis/
Twitter: twitter.com/sirajhudda
LinkedIn: in.linkedin.com/in/s...j-hudda-cfte-9a59478