TheWallPipsJournal

Would NZDUSD 1H Chart Double Bottom mean Bullish?

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Fundamental Info: The job market has seen slower days for the US as reported by Jobless Claims and Continuing Jobless Claims economic announcements. This could be detrimental for the Fed's interest rate hike.

Technical Analysis: NZDUSD on 1H chart has been forming a double bottom chart pattern, breakout on the resistance might see the NZD gains control.

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