Long term Rectangle on 1W. Sell on short term.

٢٠ يوليو ٢٠١٨

GBPNZD is trading within a 1W Rectangle (RSI = 50.962, CCI = 5.9779, Highs/Lows = 0). As seen on the chart, even if it makes a run towards 1.96245, there are more bias towards the 1.89307 profit taking line. Our short's TP = 1.89600.