Chris Capre’s Current Price Action Trades: USDCHF, EURNOK, EURCHF, CHFJPY, USDMXN, FTS, TRP, REMX, FXo EURJPY, FXo EURPLN
GBPNZD – Major LT SR Zone Held, Trade Setup In Profit +500 Pips (Daily chart)
As we discussed as a potential trade setup in our member market commentary from Nov. 1, the bulls successfully defended the major support zone and price launched +500 pips higher in just 7 days.
Congratulations to the member traders which have profited handsomely from this.
The price action is currently sitting right underneath the 1.9400 resistance and another test of the LT S/R zone is not unlikely IMO which could offer bulls a potential 2nd chance to get involved.
A successful break and close above 1.9400 …... Keep reading