GBPNZD - Bulls continued after breaking from squeeze pattern

By HashamARehman
Here we are on GBPNZD daily chart and as we can see this market was trapped in wedge / squeeze pattern from December 2017 and now market has broken that structure and we have clear bullish trend continuation once again. we will be waiting for pull back on this key resistance zone 1.9690, look for bullish price action signals on this zone to get in longs. We also have good confluence factors aligning here such as trend, horizontal static level and 20 ema dynamic support layer which is closing by. good trading!
Chart PatternsHARhashamarehmanlonggbonzdpatadminSupport and ResistanceTrend Analysis

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