Technical analysis GBPNZD for 26.04.2022

The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud turned over from ascending to descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1.92300. The closest support is the level 1.91400

Key levels

• 1.94200, 1.93250, 1.92300, 1.91400, 1.90520, 1.89800

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 1.92300, with Take Profit of 1.93250 and Stop Loss of 1.91800

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 1.91400, with Take Profit of 1.90520 and Stop Loss of 1.91800