EURNZD Bullish Divergent Bar Setup

During Asian session EURNZD has formed a Bullish Divergent Bar Setup visible on the chart.

Acceleration is slowing during last 4 sessions which results in momentum change.

Long though the down move failed to break support around 1.73 level forming a Bearish fractal.
All these formed a Double Bottoms formation. Price is significantly down to Alligator's red line.

The chart shows us a valid Bullish Divergent Bar.

Take in mind that Divergent Bar is a signal for change in direction but there always might come some news confirming main move (down in the case).

So keep your eyes open and be ready to act.