NZD/USD Price Forecast – Double Bottom Breakout Confirmed!

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NZD/USD has formed a Double Bottom pattern on the 6-hour timeframe, and the neckline breakout is successfulβ€”it’s time to trade! With price holding above the EMA 200, bullish momentum is gaining strength. πŸ’°

πŸ“Š Technical Analysis:

βœ… πŸ’Ή Double Bottom Pattern – Strong bullish reversal signal
βœ… πŸ“ˆ Neckline Breakout Confirmed – Entry opportunity for buyers
βœ… πŸ“Š EMA 200 Support – Adding strength to the uptrend

🎯 Target Levels:

πŸ“Œ 0.5810 – First short-term target
πŸ“Œ 0.5930 – Final extended target

πŸ“’ Trading Strategy:

πŸ”Ή Enter after confirmed breakout with strong bullish momentum
πŸ”Ή Ensure volume supports the move before entry
πŸ”Ή Set stop-loss below the neckline for proper risk management

πŸ“ˆ The trend is strongβ€”follow the move & maximize profits! πŸš€πŸ’°

πŸ“Œ Like, comment & follow for more updates! πŸ””πŸ”₯

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