FX.co ★ NZDJPY M30: Triple Bottom

The Triple Bottom pattern has formed on the chart of NZDJPY M30. Features of the pattern: The lower line of the pattern has coordinates 93.60 with the upper limit 93.60/93.48, the projection of the width is 29 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 93.31, the price is most likely to continue the upward movement.