Sunday 27 March 2016



GBPNZD TECHNICAL ANALYSIS

DAILY 

The price is congesting in a triangle marked by R and S trendlines. A break and close above R of daily candle will land into immediate resistance marked P around 2.14856 and break of the zone will land into 2.19965 resistance zone marked by X. On the other hand if daily candle breaks and closes below S trendline, it will land into immediate support zone around 2.07313 marked T from the previous lows and break of the zone will lead to the 2.01839 support zone marked by horizontal line Y.


2 comments:

  1. Thank you for this great insight.
    i have been checking it out for sometime now and i find it very useful.
    thank you

    ReplyDelete
  2. Your welcome Charlie Theodore.
    You can post any pair you would want to me to look at.

    ReplyDelete