GBPNZD analysis on dated 27-11-2019

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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

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