GBPNZD - support becomes resistance (SBR)

٢٢ سبتمبر ٢٠٢١

There is a support-becomes-resistance pattern developing. There is also an EMA crossed point. In addition, there is a trend line breakout. There is a drop-base-drop zone at the SnR levels. These factors are giving bearish biases. Wait until the price enters the supply zone before making an entry SHORT.