EURNZD price will rally from this support back to the recently created high. Two patterns can be seen on this chart; a double bottom and a bullish flag. The double bottom has broken out the neckline and retested. The same neckline serves as the broken resistance of the bullish flag.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.