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FX.co ★ NZDUSD H1: Double Top

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Technical Analysis Patterns

2024-04-23T04:00:32
Signal strength 4 of 5

NZDUSD H1: Double Top

Double TopOn the chart of NZDUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5924; the lower boundary 0.5889; the width of the pattern 35 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5849 level.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by NZDUSD