GBPNZD has formed a head and shoulders reversal pattern with a broken neckline to confirm the counter trend trade.
I expect the pair to continue down to at least the .382 retracement level, if not further to the .5 retracement level.
I expect the pair to continue down to at least the .382 retracement level, if not further to the .5 retracement level.
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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.