GBPNZD sliding to support.

٨ ديسمبر ٢٠٢١

I discussed this yesterday on the "Trade off" show with Pepperstone as my "setup #2." The GBPNZD I do expect to drop to the .9271-1.9371 (we are pretty much there) and I am looking for a bounce. This could setup an inverted head and shoulder pattern if it does happen. The 38% Fibonacci retrace to the 50% retracement is where I am looking for near term longs.