Hi friends,

After the holidays break I am happy to back and share my views.

For now, I think GBPNZD is wonderful opportunity, and here is the reason why (Click on the chart to enlarge):

As you can see, we have daily convergence, we have daily Band to Band move on Bollingers, and on 4H we have long divergence which is most likely building a bottom. I think we have to pay attention to 1.90, 1.89, 1.88 as potential retrace levels. 1.93 area (higher or lower a bit) is the first potential target and 1.96 + is the final.

So, time to trade forex and its first 2013 opportunities 🙂

I wish you wonderful day

Yours,

Vladimir Ribakov
http://www.vladimirforexsignals.com/