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GBPNZD Possible paths for the price

Livre sterling / Dollar Néo-Zélandais (FX:GBPNZD)  
ThinkingAntsOk  
FX:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBPNZD GBP NZD Forex fx swingtrading
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trendanalysis supportandresistance mtfa gbpnzd gbp nzd forex fx swingtrading
Main items we can see on the chart:

a) The price is currently on a resistance zone

b) Based on past behavior if the price is not able to break the level we should see a bearish movement towards the next support zone

c) If the price is able to break the resistance zone, we should expect a bullish movement towards the next one

d) However, if you are interested in trading this situation we would wait first for a clear correction either for the bullish or bearish scenario
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