FX.co ★ NZDCHF D1: Double Bottom

The Double Bottom pattern has been formed on NZDCHF D1; the upper boundary is 0.5674; the lower boundary is 0.5443. The width of the pattern is 243 points. In case of a break of the upper boundary 0.5674, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.