GBPNZD is testing a 1.98 major structure resistance.
The price is stuck on that level for 3 weeks.
On intraday time frames we see a narrow horizontal trading range.
To confirm the next swing move, wait for a breakout of its support/resistance.
In case of a bearish violation,
I will expect a bearish move to 1.945 level.
In case of a bullish violation,
bull swing will be expected. Next resistance 2.0
Wait for a breakout & follow the market.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.