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GBP/NZD mark: 1.80250
Forecast: Upside
Key points:
1st resistance: 1.82000
Main Resistance: 1.90000
1st Support & Fibonacci Retracement (50%): 1.79820
2nd Support & Fibonacci Retracement (61.80%): 1.77540
At this right moment price is touching the 1st support area which is the consolidation area of the last month upside candle. This area (1.77540 - 1.80200) is critical. It will be working as a consolidation area again.
Forecast: Upside
Key points:
1st resistance: 1.82000
Main Resistance: 1.90000
1st Support & Fibonacci Retracement (50%): 1.79820
2nd Support & Fibonacci Retracement (61.80%): 1.77540
At this right moment price is touching the 1st support area which is the consolidation area of the last month upside candle. This area (1.77540 - 1.80200) is critical. It will be working as a consolidation area again.