GBPNZD: Small Decline

GBPNZD, Daily

In the Daily timeframe, GBPNZD formed an ascending channel and bounced off the upper trendline. The trend line is quite strong and the fall is confirmed by MACD.

We consider selling GBPNZD on a fall below 2.2290 with the target of falling to 2.2120;

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Author: Egor Schmidt

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