VasilyTrader

GBPNZD: Pullback From Key Level Explained 🇬🇧🇳🇿

Long
OANDA:GBPNZD   Livre sterling / Dollar Néo-Zélandais

GBPNZD reached a key horizontal structure support on Friday.
The price formed a tiny double bottom pattern, approaching that.
Its neckline was violated then and the pair is retesting that at the moment.

I suppose that the market may bounce from the underlined blue area.
Goals for buyers: 1.989 / 1.995

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