FX.co ★ Patterns EURNZD | Euro (EUR) to New Zealand Dollar (NZD) Rate in the Forex market

The Triple Bottom pattern has formed on the EURNZD D1 chart. A break above the confirmation resistance at 1.9851 may signal a reversal from a downtrend to an uptrend.

The Double Top reversal pattern has formed on the EURNZD M5 chart. Its upper boundary is at 1.9741, its lower boundary is at 1.9734, and its width is 7 points. A break below the lower boundary is likely to confirm further downward movement toward 1.9719.

The Double Bottom pattern has formed on the EURNZD M5 chart. Its support is at 1.9720, its resistance is at 1.9727, and its width is 7 points. A break above resistance may confirm a trend reversal, with the first target projected 7 points away.

The Double Bottom pattern has formed on the EURNZD M15 chart. Its upper boundary is at 1.9719, its lower boundary is at 1.9699, and its width is 19 points. A break above the upper boundary at 1.9719 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

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.

The Bullish Rectangle has formed on the EURNZD M15 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.9645 and its support is at 1.9623. A breakout above the resistance zone at 1.9645–1.9645 is likely to signal a continuation of the bullish trend.

The Bullish Symmetrical Triangle pattern has formed on the EURNZD M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.9632 and 1.9565, respectively. The pattern width is 67 points. If the price breaks above the upper boundary at 1.9632, it is likely to move toward 1.9620.

The Bullish Symmetrical Triangle pattern has formed on the EURNZD M15 chart. Its lower boundary passes through 1.9564/1.9601, while its upper boundary passes through 1.9632/1.9601. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURNZD is expected to break the upper boundary and move toward 1.9624.

The Bearish Symmetrical Triangle pattern has formed on the EURNZD M30 chart. A break below the lower boundary at 1.9530 is likely to signal a continuation of the downtrend.

The Triple Bottom pattern has formed on the EURNZD D1 chart. It has the following characteristics: resistance at 1.9803; support at 1.9509; pattern width of 294 points. If the confirmation resistance at 1.9851 is broken, the price is likely to continue upward by at least 299 points.