Pound New Zealand Dollar

Good evening Dynamic Traders,

Tonights chart below is on the daily timeframe, and is of the GBPNZD.

At present it is displaying what could be a bullish flag pattern, but it is in a downward trending scenario so be sure to plan a entry with caution, as it is inbetween breathers for a continuation to the downside. Either way your ESLT on the BOB. can assist here, but as I am writing the stochastic fast line is turning up but be sure to wait for your confimations as we have high impact news out tomorrow. Also at present the hourly chart is in the throws of some form of downward movement.

As always please do your own analysis before taking any trades.















Charts courtesy of TradeStation.

Good luck for any trades.

Clayton Farnworth.