GBPNZD rebounded from daily demand zone at level 1.9890
Price completed bearish harmonic pattern (AB=CD)
RSI reached reached oversold region and broke downtrendline
MACD shows weakness in bearish momentum
It's expected for coming bullish wave to retest downtrendline near level 2.0310
Price completed bearish harmonic pattern (AB=CD)
RSI reached reached oversold region and broke downtrendline
MACD shows weakness in bearish momentum
It's expected for coming bullish wave to retest downtrendline near level 2.0310
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.