GBPNZD - Outlook

23 Nis 2016

2.150 remains to be key level still for bullish trend, however as of now we have broken the falling trend line which hints for more bullish move in coming week. Looking for H&S formation in this pair, it might never happen but I m chartist so I will let my imagination float wild. I m already buying from 2.060-70 level & I will add more on pullback on retest of trend line with an expectation that it will revisit 2.150 atleast. And if the price form H&S as per my expectation then I will buy more on break of 2.150 hoping for further higher price. Keep an eye on this pair, quiet an easy technical here.