GBPNZD is now testing a strong resitance area of 1.93320. A break and close above the level will meet another resistance at 1.93830. A bounce and retest on either levels will see it fall to 1.89460 where there is a strong support level
RSI is overbought and has formed a HH while the X & D axis has formed the HL which is a divergence.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
RSI is overbought and has formed a HH while the X & D axis has formed the HL which is a divergence.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.