FX.co ★ EURNZD M30: Double Bottom

The Double Bottom pattern has formed on the EURNZD M30 chart. Its upper boundary is at 1.9823, its lower boundary is at 1.9760, and its width is 65 points. A break above the upper boundary at 1.9823 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.