GBPNZD May Keep Growing!

Updated
snapshot

gbpnzd has reached a key structure support level.

we see a perfect confluence of a retest of a recently broken trendline,
horizontal support and recent higher low formation with a breakout attempt of a small wedge pattern.

based on that the pair will most likely keep growing today!

to long it wisely I would suggest waiting for a 4H candle close above 2.025 support
and then buy on retest with stop below 2.045 and initial target 2.069

good luck!
Note
Mistake there
4h candle close above 2.052)
Chart PatternsforecastForexGBPnewzealanddollarpoundpoundsterlingtradingTrend AnalysisUSDDJ FXCM IndexWave Analysis

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