GBPNZD analysis on dated 27-11-2019

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 day moving average’s [Respectively at 2.00230 and 2.00600]

 

Recommendation: Sell/Sell limit @ 2.00850 Target: 300 pips

Make the trade