GBPNZD is facing bearish pressure | 10 May 2021
Prices are facing pressure from horizontal swing high resistance, in line with 127.2% and 127.2% . Prices might push down towards 1st support in line with horizontal swing low support which coincides with 61.8% and 61.8% . If prices push up further, prices might face resistance from horizontal pullback resistance in line with 61.8% and 61.8% . Stochastics is facing resistance from 90.29 level, potential for further downside.