A Price Action Rising Wedge pattern formation on the 5 Min time frame chart supports GBPNZD Bearish bias. A break of 2.08485 will support the fall towards the target of 2.08375 the break of 2.08375 would push the price to 2.08302.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 2.04845
- Support S1: 2.04828, S2: 2.04799 , S3: 2.04782
- Resistance R1: 2.04874 , R2: 2.04891 , R3: 2.0492
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