GBPNZD – Waiting for a breakout of the bottom of the range

The GBPNZD is trading in a very clear bearish market condition (around historical lows) and I’d like to see it breaking the lower extreme of the range in order to start looking for short opportunities:

If it breaks the level down, I’ll keep looking for short opportunities as long as it keeps trading below the level.

Trade Safe!

Raul Lopez
Forex Course

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .