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NZDUSD 30m Double bottom

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
RTED_Investing  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns Double Top or Bottom Technical Indicators NZDUSD Double Bottom Relative Strength Index (RSI) supportrange
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chartpattern doubletoporbottom indicator nzdusd doublebottom relativestrengthindex supportrange
On this chart for NZDUSD 30m you can notice that the price is forming a Double bottom. The bottoms are bouncing from a strong resistance range that has been created from multiple low points starting from the 14th/15th of December 2023 ( Zoom out the chart so that you can see them ).

Additional confluences:

- MACD Bull cross
- RSI was oversold at the time of the first bottom and now it's showing reversal in momentum
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