Still major downtrend on GBPNZD, and price created new lows... in terms of new poss. opportunities (to take advantage) of poss. down move we would like to see rejection and bounce from resistance close to 1.77 level, and then wait for poss. opportunity based on our trading rules. Target at least pr. lows...
If price will come back above horizontal S&R - time to wait and observe.
If price will come back above horizontal S&R - time to wait and observe.