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GBPNZD Potential Shorting Opportunity!

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GBPNZD has been declining in the declining trend channel.. Current upmove has reached near the top of the trendline from where it could potentially go down one more time.. I would take a short position with stoploss just about the trend channel where it will give a breakout if not then will look for targets around the recent lows that were made. If you have any questions then let me know.

Happy Trading!!

Siraj Hudda, CFTe

Web: prowaveanalysis.com
Skype: sirajhudda
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