TDMarkets

Pending buying opportunity GBP/NZD (Long term)

Pending buying opportunity GBP/NZD (Long term)

On June 7, 2017, Posted by , In Uncategorized, By , , With No Comments

We ought to buy GBP/NZD in the near future because it is at a previous resistance which now will act as support, Furthermore, there is a long term trendline which the market broke and is now going to use it as support (role reversal). Market is also in the Fib zone and we are expecting a hammer to form to serve as confirmation, or any reversal candle formation for that matter.

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