##{"id":59368,"date":"2012-01-17T16:24:04","date_gmt":"2012-01-17T05:24:04","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/01\/17\/gbpnzd-headed-south\/"},"modified":"2012-01-17T16:24:04","modified_gmt":"2012-01-17T05:24:04","slug":"gbpnzd-headed-south","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/01\/17\/gbpnzd-headed-south\/","title":{"rendered":"GBP\/NZD Headed South"},"content":{"rendered":"<p>\n\t<strong>What?<\/strong><\/p>\n<p>\n\tThe <span>TechWizard<\/span> has advised his clientele to position for a weaker <span>GBP<\/span>\/<span>NZD<\/span> in the months ahead.<\/p>\n<p>\n\t<strong>Why?<\/strong><\/p>\n<p>\n\tThe <span>TechWizard&#039;s<\/span> view is based upon several technical <span>indiators<\/span> that all point into the same direction, including the fact <span>GBP<\/span>\/<span>NZD<\/span> price action has formed a &quot;<span>Tweezer<\/span> Top&quot; at the 20 M\/A resistance line, supported by the fact the <span>MACD<\/span> indicator is bearish too.<\/p>\n<p>\n\tAt present <span>GBP<\/span>\/<span>NZD<\/span> is trading around 1.93000. The Wizard recalls the low in August last year was 1.8548. He suggests the August low is the key level. It also marks a multi year low.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/GBP-NZD_TechWizard_Jan12.jpg\" style=\"width: 670px;height: 392px\" \/><\/p>\n<p>\n\tThe <span>TechWizard<\/span> is the pseudonym of Scott Morrison, whose experience in financial markets exceeds twenty years. Morrison operates his own website nowadays at www.techwizard.com.au. All views expressed are the <span>TechWizard&#039;s<\/span>, not <span>FNArena&#039;s<\/span> (see our disclaimer).<\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, we <span><span>apologise<\/span><\/span>, but technical limitations are to blame.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FNArena&#8217;s Treasure Chest reports on money making ideas from stockbrokers and other experts. The TechWizard believes GBP\/NZD is poised for weakness.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[29],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59368"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=59368"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/59368\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=59368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=59368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=59368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}