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FX.co ★ EURNZD H1: Double Bottom

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Technical Analysis Patterns

2022-12-02T14:00:32
Signal strength 4 of 5

EURNZD H1: Double Bottom

Double BottomThe Double Bottom pattern has been formed on EURNZD H1. Characteristics: the support level 1.6411; the resistance level 1.6536; the width of the pattern 125 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 118 points.
*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