According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5774/0.5785 and upper border is 0.5793/0.5785. The pattern width is measured on the chart at -19 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDUSD breaches the lower border, the price could continue its move toward 0.5770.