GBPNZD - short term correction
GBPNZD Monthly chart - correction on lower support Trendline. The formation of a bullish reversal in the shape of Tweezer Bottom or Railway tracks comes to mind.
This comes off the back of a Fib Projection outcome that has played out since August 2015. Price has moved 100% of the initial selloff. Correction in play. 76.4% fib level a potential 1st target.
This comes off the back of a Fib Projection outcome that has played out since August 2015. Price has moved 100% of the initial selloff. Correction in play. 76.4% fib level a potential 1st target.