GBPNZD has been ranging for quite some time now between 1.67455 and 1.79460. The formation of an ascending triangle, and price being above the 200 SMA may imply that a B/O and move up could occur. But, with the continuation of Brexit, will the pair stay down for a while longer?
The pair looks to have hit resistance again, with a Bearish pinbar forming on the daily... will be waiting this one out a little while longer.
The pair looks to have hit resistance again, with a Bearish pinbar forming on the daily... will be waiting this one out a little while longer.