GBPNZD-SELL strategy 2-Daily chart

٢ يناير

The pair has seen again lofty heights, but usually, when we spike above the regression channel, the pair must return over time to the mid-range at least. In combo with an overbought state, I feel we may see 2.1850 area in some weeks to come.

Strategy SELL @ 2.2300-2.2375 range and take profit at 2.1875 for now.