GBPNZD - Sellers may go for another leg from 1.8701

Here we are on GBPNZD daily chart as we can see this market is down trend and price is pulling back towards the resistance flip area around 1.8701... we will wait for price to completely pull back and form bearish evidence so we will consider shorts from there...this trade idea supports confluence factors such as trend, emas dynamic resistance layer and key SR flip level....safe trading!
Moving AveragesSupport and ResistanceTrend Analysis

Feragatname