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Long GBPNZD, Rounding Bottom
British Pound / New Zealand Dollar
Long GBPNZD, Rounding Bottom
By furryboy
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Updated
Sep 11, 2018
2
Sep 5, 2018
GBPNZD previously broke a rounding bottom and entered into a rectangle of prices. Price has just broken towards the upside.
Potential bulls can bring the market back up to retest the previous breakdown level (now resistance of 2.05 to 2.07 area)
Sep 11, 2018
Trade active
Price seems to have broken above and on its target towards 2.07703 resistance area
Consider moving stop to breakeven
Sep 17, 2018
Comment
GBPNZD is still going up,maintain long, target 2.07703
Chart Patterns
gbpnzdlong
furryboy
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