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Lingrid | GBPNZD Long from the SUPPORT level
The market is pulling back to a support level after a bullish move that creates a swap zone. GBPNZD broke the previous resistance and range zone, which is the support level now. On the daily timeframe, the market broke a strong level at 2.09000. I think it might reject the support level, grab liquidity below, and then move upwards. I expect the trend to continue from the swap zone and upward trendline. My goal is resistance zone 2.10760
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
GBPNZD broke the previous resistance and range zone, which is the support level now. On the daily timeframe, the market broke a strong level at 2.09000. I think it might reject the support level, grab liquidity below, and then move upwards. I expect the trend to continue from the swap zone and upward trendline. My goal is resistance zone 2.10760Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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