Chart of The Day $GBPNZD 3-14-2017

On the GBPNZD daily chart, we can see that the pair is testing the upper wedge line 1.7600 level. The rejection from here could lead to downside continuation and a retest of the lower wedge line. The break above will lead to a test of 200 SMA 1.7873 level.

Happy trading! (click on the chart to enlarge it)

 

gbpnzd trend following strategy

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