FX.co ★ Patterns EURNZD | Euro (EUR) to New Zealand Dollar (NZD) Rate in the Forex market
EURNZD M15
Double Top
The Double Top reversal pattern has formed on the EURNZD M15 chart. Its upper boundary is at 1.9580, its lower boundary is at 1.9566, and its width is 14 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9543.
EURNZD M5
Double Top
The Double Top reversal pattern has formed on the EURNZD M5 chart. Its upper boundary is at 1.9580, its lower boundary is at 1.9566, and its width is 14 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9551.
EURNZD M15
Triple Bottom
The Triple Bottom pattern has formed on the EURNZD M15 chart. A break above the confirmation resistance at 1.9550 may signal a reversal from a downtrend to an uptrend.
EURNZD D1
Triple Bottom
The Triple Bottom pattern has formed on the chart of EURNZD D1. The lower boundary is at 1.9509, while the upper boundary is at 1.9851/1.9803. The projected width is 299 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 1.9851 is broken, the price is likely to continue upward.
EURNZD M5
Double Top
The Double Top pattern has formed on the EURNZD M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.9731 is likely to confirm further downward movement.
EURNZD M15
Double Top
The Double Top reversal pattern has formed on the EURNZD M15 chart. Its upper boundary is at 1.9710, its lower boundary is at 1.9686, and its width is 24 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9663.
EURNZD M5
Double Bottom
The Double Bottom pattern has formed on the EURNZD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 1.9682. The projected move is based on the pattern width of 8 points.
EURNZD M5
Double Top
The Double Top pattern has formed on the EURNZD M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 1.9687 is likely to confirm further downward movement.
EURNZD M5
Double Top
The Double Top reversal pattern has formed on the EURNZD M5 chart. Its upper boundary is at 1.9694, its lower boundary is at 1.9675, and its width is 19 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9660.
EURNZD M15
Bullish Rectangle
The Bullish Rectangle has formed on the EURNZD M15 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.9619 and its support is at 1.9602. A breakout above the resistance zone at 1.9619–1.9619 is likely to signal a continuation of the bullish trend.
