GBPNZD May Keep Growing!

7 May 2020

gbpnzd has reached a key structure support level.

we see a perfect confluence of a retest of a recently broken trendline,
horizontal support and recent higher low formation with a breakout attempt of a small wedge pattern.

based on that the pair will most likely keep growing today!

to long it wisely I would suggest waiting for a 4H candle close above 2.025 support
and then buy on retest with stop below 2.045 and initial target 2.069

good luck!

7 May 2020

Not

Mistake there
4h candle close above 2.052)