GBPNZD has been trending upward on the 4H timeframe due to the RBNZ news impact last week and presently ranging on a resistance and psychological key level of 1.93000.
Price has failed to break the 1.93000 resistance area twice as explained in the video but the price is currently heading for a third touch on the marked level.
WOULD THIS LEAD TO A REJECTION FOR A SELL OR BREAK ABOVE FOR A BUY ????
WATCH OUT FOR
1. Bearish Price action candlestick
2. Market Behavior
Kindly comments your thoughts below👇👇👇👇
Price has failed to break the 1.93000 resistance area twice as explained in the video but the price is currently heading for a third touch on the marked level.
WOULD THIS LEAD TO A REJECTION FOR A SELL OR BREAK ABOVE FOR A BUY ????
WATCH OUT FOR
1. Bearish Price action candlestick
2. Market Behavior
Kindly comments your thoughts below👇👇👇👇