DeGRAM | GBPNZD rebounded from resistance

GBPNZD rebounced from the resistance and 127.20% fibo inversion.

The market broke and closed below the support 2.0600, which became the resistance. 

On the D chart, the trend is bearish, meaning the bears are dominating.

We expect a pullback from the resistance if the price makes a false breakout of the resistance.


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