GBPNZD : Short Trade , 4h

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Hello traders, we want to check the GBPNZD chart. The price has broken the ascending channel to the bottom and then marked the key level and also pulled back the downtrend line. If this level can play the role of a resistance level and the price cannot break this level, we expect the price to maintain its downward trend and fall to around 2.03400. Good luck.