Chart of The Day $GBPNZD 3-24-2017

On the GBPNZD daily chart, we can see that the pair is trying to break the 200 SMA 1.7768 level. The daily close above this level is important and it will mean that the long term downtrend is in the process of reversing to the upside. The failure here would lead to a pullback to 1.7500 at least.

GBPNZD trend following strategy

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