GBPNZD; Time For A Corrective Rally

This pair urgently needs some rally to relieve itself from the extreme oversold condition. I think breaking the 2.3048 resistance will offer a good trigger for a long position.

Good luck,

Ali Sharif Azadeh, CFTe

Kommentar:

This pair failed to offer us the trigger and fell again to the lower area of the channel.

Kommentar:

This pair might well start a corrective rally next week. Stay tuned.