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FX.co ★ EURNZD H1: Bullish Rectangle

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Technical Analysis Patterns

2020-12-03T20:42:02
Signal strength 4 of 5

EURNZD H1: Bullish Rectangle

Bullish RectangleAccording to the chart of H1, EURNZD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.7175, the lower border is 1.7109. The signal means that a long position should be opened above the upper border 1.7175 of the Bullish Rectangle.
*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 EURNZD