GBPNZD edges towards a significant level. Long
British Pound/New Zealand DollarFXCM
Opis
⋅ Traders Dynamic Index
TDI DTF Bullish
H4 DTI Bullish
H1 bearish.
Price trying to close above the 200.
Structure
BULLISH
Current outlook
Mildly BEARISH initially.
Trade idea
Wait for overbought conditions to ease and look to BUY. A close above 1.7760 area would be very significant.