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