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GBPNZD Short Setup is Here!

Short
Livre sterling / Dollar Néo-Zélandais (OANDA:GBPNZD)  
Forex48_TradingAcademy  
OANDA:GBPNZD   Livre sterling / Dollar Néo-Zélandais
Technical Indicators Trend Analysis Fundamental Analysis Forex signals short education priceaction orderflow GBPNZD
3
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indicator trendanalysis fundamental forex signals short education priceaction orderflow gbpnzd
On GBPNZD, we have a bullish setup after this morning's interest rate hike announcement. The price has risen to the 2.0240 area where we have a supply zone. Here, it created a spike, confirming the previous zone. Therefore, I will now wait for the creation of a short setup with a break of the lows and subsequent price rebound in the supply zone before entering short with a target of 1.98.

Let me know what you think.

Happy trading to all.
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