FX.co ★ NZDJPY M30: Double Bottom

The Double Bottom pattern has been formed on NZDJPY M30; the upper boundary is 93.39; the lower boundary is 93.14. The width of the pattern is 23 points. In case of a break of the upper boundary 93.39, 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.