GBPNZD
Weekly: Price approaches a support level @ price 1.94500. The area is a key zone too.
Daily: A trendline has been broken to the downside and price has retested it and continue dropping.
Price broke a key Support level and currently retesting it.
H4: Price broke a Support level and retraced back for a retest or should it be a false break?
H1: Price broke a Resistance level and retraced back for a retest or it could a potential false break.
I think the short-term scenario looks that price holds the current level @ 1.98800 for a period of time and then pushes higher up to 2.00200 and perhaps to 2.01500. The alternative scenario - price could go lower from 1.98800 and targets around 1.97800. But the overall trend direction is bearish!
Daily: A trendline has been broken to the downside and price has retested it and continue dropping.
Price broke a key Support level and currently retesting it.
H4: Price broke a Support level and retraced back for a retest or should it be a false break?
H1: Price broke a Resistance level and retraced back for a retest or it could a potential false break.
I think the short-term scenario looks that price holds the current level @ 1.98800 for a period of time and then pushes higher up to 2.00200 and perhaps to 2.01500. The alternative scenario - price could go lower from 1.98800 and targets around 1.97800. But the overall trend direction is bearish!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.