FX.co ★ EURNZD M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of EURNZD M30. Features of the pattern: The lower line of the pattern has coordinates 2.0082 with the upper limit 2.0082/2.0043, the projection of the width is 85 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.9997, the price is most likely to continue the upward movement.