GBPNZD: Pullback From Key Level

17 thg 11, 2020

GBPNZD reached a key daily structure support.

on hourly the price formed a double bottom and broke above a falling parallel channel.

now the price is retesting a broken channel.
the area between current hourly low and trend line serves as a local demand point.
from that I expect a bullish move.

goal - 1.928