Potential Reversal GBPNZD

We have a sell stop in place here at 1.86824.

All signs are pointing to a reversal if this breaks this trendline and continues to the downside. This may take a few hours to develop to so we will continue to update this idea throughout the day if it triggers.

Commentaire:

Price action is slowly heading down to our trend line. We will see what happens if it touches this area.