GBPNZD GBPNZD GBP NZD

4 Eyl 2020

On GBPNZD we have seen a retracement to the 61.8 fib in this overall bearish trend. We can also see that the we are retesting the August open which sits nicely with our 61.8 fib. If we see a strong close below the August open we will most certainly be looking to open a short position down to our -27/61.8 fib extension levels that correlate nicely with previous swing lows.