GBPNZD is in a rush to go back up. It has broke out and quickly retestes the trendline. We can spot a double bottom reversal pattern that was quickly retested too. It is a green light, we can expect it to follow the new trend it is setting on the 4 hour timeframe to continue with the major trend.
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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.