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FX.co ★ NZDCAD M30: Bearish Rectangle

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Technical Analysis Patterns

2026-01-14T19:19:02
Signal strength 3 of 5

NZDCAD M30: Bearish Rectangle

Bearish RectangleAccording to the chart of M30, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.7983 - 0.0000 and support 0.7958 – 0.7958. In case the resistance level 0.7958 - 0.7958 is broken, the instrument is likely to follow the bearish trend.
*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 NZDCAD