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GBPNZD - H4
- Reached key support level - Broken Sup level 1, now at level 2 - 1hr TF shows bearish price action - 4hr shows break on lows - 4hr shows support cone holding - 4hr shows long holders in action - D shows support zone is STRONG, expecting bullish price action
Smaller TF's show bearish, but long term we're looking at bullish price action to occur bringing us back to previous levels.
RISK:
As always with GBP, the main risk is fundamentals. Please review the FD's before trading and make sure you're happy.
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