GBPNZD-Approaching Key Resistance: Is 2.2485 The Next Target?

14 Mar

GBP/NZD Technical Analysis (1H Chart)

- Resistance Zone: The pair is currently testing a strong resistance area around 2.2730–2.2750.
- Price Action: A rejection from this level could indicate a potential downside move.
- Target Area: If selling pressure increases, the price may decline toward the 2.2485–2.2490 support zone.
- Risk Management: Stop-loss should be placed above the resistance zone, while take-profit is near the target area.
- Volume Analysis: Decreasing volume near resistance suggests potential weakness in bullish momentum.

A confirmed break above resistance could invalidate the bearish outlook.

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14 Mar

İşlem aktif

14 Mar

Not

14 Mar

İşlem kapandı: hedefe ulaştı

Final Target Achieved 200 pips+ profits.

18 Mar

Not

This was great setup .....