GBPNZD: Awaiting daily closing to initiate long

British Pound / New Zealand Dollar (FX:GBPNZD)

FX:GBPNZD British Pound / New Zealand Dollar

Rectangle

rectangle

I am waiting for final confirmation to long GBPNZD as the price could be completing a bottom. The resistance of a clear trading range between 1.7400-1.8000 area is being tested. If we break, major upside could follow.

In trading, nothing is guaranteed, that's why we use stops.
Best
Technician

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