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.
Tags: GBPNZD Analysis
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