On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.99; the lower boundary 87.87; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 87.47 level. FX.co ★ NZDJPY H1: Double Top
Signal strength 4 of 5
NZDJPY H1: Double Top
On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.99; the lower boundary 87.87; the width of the pattern 12 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 87.47 level. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade