💡Don't miss the great sell opportunity in GBPNZD

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (2.02108).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30

Take Profits:
TP1= @ 1.99346
TP2= @ 1.98097
TP3= @ 1.96927
TP4= @ 1.94870
TP5= @ 1.93515

SL: Break Above R2

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