On this low timeframe, the setup looks really good for a sell
the 200 SMA is now a dynamic resistance
the fibonacci has just retraced 61%
The overall trend is a downtrend
But let's also take a look at the higher timeframes.
the 200 SMA is now a dynamic resistance
the fibonacci has just retraced 61%
The overall trend is a downtrend
But let's also take a look at the higher timeframes.
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GBPNZD Full analysis:
