GBPNZD: Potential Drop of Price at Resistance Level

The slope of this median line set is working extremely well, with price finding more than once resistance at the sliding parallel above the median line. We previously saw another rejection at the level, a sign that resistance is still present. Keep an eye for a sell setup completion before shorting GBPNZD

Trade ist aktiv:

Entry: 1.75136
Stoploss: 1.75531
Profit target: 1.73185