www.dropbox.com/s/zz...1f5uu6gzg/GBPNZD W1 (04-04-2016%201006).jpg?dl=0
This rate is also trading very near an important cluster of support. The levels below are a confluence point between a 3-year rising trendline support and a long term broken falling trendline resistance.
My overall bias is higher with this pair, however, I would like to see an upside break of the falling wedge formation the rate has been stuck in for the past year, before positioning myself long.
This rate is also trading very near an important cluster of support. The levels below are a confluence point between a 3-year rising trendline support and a long term broken falling trendline resistance.
My overall bias is higher with this pair, however, I would like to see an upside break of the falling wedge formation the rate has been stuck in for the past year, before positioning myself long.