The market bounced from 1.74000 support level. Double bottom and a bearish divergence give a trend reversal signal. MACD confirms upward movement and DMI allows open long trades. We have buy opportunity. Entry level for long trades is above 1.76200 with stop orders below 1.73850 level. Profit target should be at 1.79300 level.
Double Top or BottomForexGBPGBPNZDTechnical IndicatorsNZDSupport and Resistance

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