GBPNZD Potential Shorting Opportunity!

GBPNZD has been declining in the declining trend channel.. Current upmove has reached near the top of the trendline from where it could potentially go down one more time.. I would take a short position with stoploss just about the trend channel where it will give a breakout if not then will look for targets around the recent lows that were made. If you have any questions then let me know.

Happy Trading!!

Siraj Hudda, CFTe

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