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FX.co ★ Patterns EURNZD | Euro (EUR) to New Zealand Dollar (NZD) Rate in the Forex market

EURNZD M5

Double Bottom
The Double Bottom pattern has been formed on EURNZD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.8037 is broken. The further movements will rely on the width of the current pattern 12 points.
2024-03-29

EURNZD M5

Double Top
The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.8060; the lower boundary 1.8044; the width of the pattern is 17 points. Sell trades are better to be opened below the lower boundary 1.8044 with a possible movements towards the 1.8029 level.
2024-03-29

EURNZD M5

Bullish Flag
The Bullish Flag pattern has been formed on the chart EURNZD M5 which signals that the upward trend will continue. Signals: а break of the peak at 1.8061 may push the price higher, and the rise will be the projection of the pole.
2024-03-29

EURNZD M5

Bullish pennant
The Bullish pennant graphic pattern has formed on the EURNZD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.8076.
2024-03-29

EURNZD M5

Double Top
The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.8059; the lower boundary 1.8053; the width of the pattern is 6 points. Sell trades are better to be opened below the lower boundary 1.8053 with a possible movements towards the 1.8038 level.
2024-03-28

EURNZD M15

Double Top
On the chart of EURNZD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.8093; the lower boundary 1.8073; the width of the pattern 20 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.8051 level.
2024-03-28

EURNZD M5

Bullish Rectangle
According to the chart of M5, EURNZD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.8092, the lower border is 1.8073. The signal means that a long position should be opened above the upper border 1.8092 of the Bullish Rectangle.
2024-03-28

EURNZD M15

Triple Top
On the chart of the EURNZD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.8023, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 43 points.
2024-03-28

EURNZD M5

Double Top
The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.8041; the lower boundary 1.7997; the width of the pattern is 42 points. Sell trades are better to be opened below the lower boundary 1.7997 with a possible movements towards the 1.7982 level.
2024-03-27

EURNZD M15

Bearish Symmetrical Triangle
According to the chart of M15, EURNZD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.8016 is likely to encourage a continuation of the downward trend.
2024-03-27