FxGrow Daily Technical Analysis – 22nd Feb, 2016
By FxGrow Research & Analysis Team
GBPNZD - broke below support at 2.1500
Today price broke below support at 2.1500, and now is continuing its declines. After almost vertical upward movement which lasted between April - August 2015 currently almost all bullish moves has been corrected. Today support was broken (it stopped declines for 2 months) and right now there is a clear path for bears to test 2.0800
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