Daily Analysis on GBPNZD by ThinkingAntsOk
Use this as a guide to develop your view of the chart.
Main items we can see on the daily chart:
a)We have a clear Support/Resistance zone
b)Currently, there is a Flag pattern (continuation structure)
c)The Flag pattern is contained on the support zone
d)Based on the previous technical aspects. If the price breaks above 2.04848 we expect a continuation of the bullish movement, towards 2.14165
Main items we can see on the daily chart:
a)We have a clear Support/Resistance zone
b)Currently, there is a Flag pattern (continuation structure)
c)The Flag pattern is contained on the support zone
d)Based on the previous technical aspects. If the price breaks above 2.04848 we expect a continuation of the bullish movement, towards 2.14165