Are you monitoring the GBPNZD? Check this out

Take a look at its weekly chart:

I know, this is the weekly chart, and it is kind of complicated to use the weekly chart to take intraday trades.

But let me tell you something, the insights that you can get off both, the weekly and the daily charts can be invaluable.

For instance, after looking at these two charts, I know I’m going to be looking only for long opportunities on the GBPNZD until it reaches the next LT resistance level at 2.0481

What do you think?

Have a great week ahead!

Raul Lopez
Forex Training

Tags: ,


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 .