The GBP/NZD is still bullish and today we could see a breakout.
1.9480 is the breakout point of the bullish pattern where we might expect a continuation move. Yesterday, the market was slower but today we see another attempt for bulls to push the price further up. We can expect a bullish continuation move if the price closes above 1.9526 on a daily basis. The target is 1.9665.
The analysis has been done with the CAMMACD.Core System.
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The analysis and the article presents Nenad's opinion. Remember, financial trading is highly speculative & may lead to the loss of your funds. Proper risk management is the Holy Grail of trading.
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