According to the chart of M5, EURNZD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.9861/1.9872 whereas the upper border goes across 1.9884/1.9872. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURNZD will breach the upper border to head for 1.9887.