The GBPNZD experienced a sudden decrease in value today, breaking and closing below the neckline of a descending triangle formation on the 4-hour time frame with a strong bearish candle.
The next support level appears to be at 2.1000, which is likely the target for sellers.
To enter the market, it may be worth considering a retest of the broken triangle neckline.
The next support level appears to be at 2.1000, which is likely the target for sellers.
To enter the market, it may be worth considering a retest of the broken triangle neckline.
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