GBPNZD - 240 - Could it be...?
Trade Alert
Has the time finally came to break the line? Certainly, until that line is broken for sure, we cannot say that it will be smooth sailing north from here. Wait for a break above the 1.8485 level, marked near yesterday's high. This way we could get more comfortable with the upside scenario.
Alternatively, if the pair drops below the Pivot (around 1.8330), then scrap the idea for now.
Don't forget your SL.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company.
Has the time finally came to break the line? Certainly, until that line is broken for sure, we cannot say that it will be smooth sailing north from here. Wait for a break above the 1.8485 level, marked near yesterday's high. This way we could get more comfortable with the upside scenario.
Alternatively, if the pair drops below the Pivot (around 1.8330), then scrap the idea for now.
Don't forget your SL.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with the Company.