Weekly Price Action Trades & Key Levels | Nov 19-24

gbpnzd price action analysis 2ndskiesforex

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 …

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