In this idea you can see that the GBPNZD price on the 15M chart (15 Minutes per candle) is crossing the resistance line after reaching a low level. The High level has been set at around 1.94028 Level. As for the new the price broke a resistance level it is possible that the price will continue to Increase.
What do we see (?)
- Break of the resistance level around: 1.94154
In my opinion it is possible that the price will lower and a BUY position is suitable in this matter.
*This Analysis is for educational purposes only and is not financial advise.
What do we see (?)
- Break of the resistance level around: 1.94154
In my opinion it is possible that the price will lower and a BUY position is suitable in this matter.
*This Analysis is for educational purposes only and is not financial advise.
