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GBPNZD Is Going Up! Buy!

Long
Livre sterling / Dollar Néo-Zélandais (OANDA:GBPNZD)  
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OANDA:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Trend Analysis Chart Patterns Wave Analysis GBPNZD LONG buy trading currency Forex forecast swing signals
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trendanalysis chartpattern waveanalysis gbpnzd long buy trading currency forex forecast swing signals
snapshot
Please, check our technical outlook for GBPNZD.

Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is trading around a solid horizontal structure 2.110.

The above observations make me that the market will inevitably achieve 2.136 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

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Commentaire:
I am confident in this trade so I will keep it open!
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