NZDUSD| Double Bottom

14 thg 2, 2022

NZDUSD after giving a breakout from falling parallel channel (We hit our target price as well). The price has retrace back and formed double bottom. We are expecting bounce from here and one can take long position from here, the stoploss should be below the support zone. To negate this view, the support has to be taken out and bears will enter the party. Trade your levels accordingly.