Long

GBPNZD Short Term Buy Idea

D1 - Bullish convergence.

Price has broken above a strong resistance zone and is currently holding above it.

H4 - Currently it looks like a double wave correction is happening.

Bullish divergence.

Until the key support zone holds my short term view remains bullish here.

A valid breakout above the most recent downtrend line would be the validation for this bullish view.

Bullish PatternsbullishconvergenceBullish DivergencebuydoublewavecorrectionFibonacciGBPNZDkeysupportzoneTrend AnalysisTrend LinesTrend Line Break

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