Lingrid | GBPNZD Long after FAKEOUT of the SUPPORT level

12 Mar

The market pulled back toward support level after bullish move on the daily timeframe. GBPNZD broke the previous resistance zone which is support level now. It is curretnly moving sideways which suggest indecisions in the market. I think pthe price may retest the local low and then move up. Below the support we have strong 2.07000 as well. I expect trend to continue from support level and breakout of the downward channel because the main is bullish. My goal is resistance zone 2.08500


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻