Dear traders,
1. GBPNZD bullish rally was stopped right on the Fibo's 161.8. Here we can see that this resistance is very strong.
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2. 4H MACD is overbought, and signalling to Sell.
3. According to Dow Theory, there is C point of the pitchfork is confirmed.

Target is Fibo's 50% @1.3360.
1. GBPNZD bullish rally was stopped right on the Fibo's 161.8. Here we can see that this resistance is very strong.

2. 4H MACD is overbought, and signalling to Sell.
3. According to Dow Theory, there is C point of the pitchfork is confirmed.

Target is Fibo's 50% @1.3360.
