FX.co ★ Patterns NZDJPY | New Zealand Dollar (NZD) to Japanese Yen (JPY) Rate in the Forex market
NZDJPY M5
Double Bottom
The Double Bottom pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 91.37, its lower boundary is at 91.23, and its width is 13 points. A break above the upper boundary at 91.37 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
NZDJPY D1
Double Top
The Double Top reversal pattern has formed on the NZDJPY D1 chart. Its upper boundary is at 95.27, its lower boundary is at 91.63, and its width is 354 points. A short position may be considered below the lower boundary at 91.63, with a potential target at 91.23.
NZDJPY M30
Double Bottom
The Double Bottom pattern has formed on the NZDJPY M30 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 94.49. The projected move is based on the pattern width of 14 points.
NZDJPY M5
Double Top
The Double Top reversal pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 94.49, its lower boundary is at 94.36, and its width is 13 points. A short position may be considered below the lower boundary at 94.36, with a potential target at 94.21.
NZDJPY D1
Double Top
The Double Top reversal pattern has formed on the NZDJPY D1 chart. Its upper boundary is at 95.17, its lower boundary is at 91.63, and its width is 354 points. A break below the lower boundary is likely to confirm further downward movement toward 91.23.
NZDJPY M5
Triple Top
The Triple Top pattern has formed on the chart of the NZDJPY M5 trading instrument. It is a reversal pattern with resistance at 94.82/94.85, support at 94.75/94.80, and a width of 7 points. A break below the confirmation support at 94.75 may signal further downward movement.
NZDJPY M5
Double Bottom
The Double Bottom pattern has formed on the NZDJPY M5 chart. Its support is at 94.80, its resistance is at 94.86, and its width is 6 points. A break above resistance may confirm a trend reversal, with the first target projected 6 points away.
NZDJPY M30
Double Top
The Double Top reversal pattern has formed on the NZDJPY M30 chart. Its upper boundary is at 95.01, its lower boundary is at 94.69, and its width is 33 points. A short position may be considered below the lower boundary at 94.69, with a potential target at 94.39.
NZDJPY M15
Bearish Rectangle
The Bearish Rectangle has formed on the NZDJPY M15 chart. This is a trend continuation pattern bounded by the lower boundary at 94.69–94.69 and the upper boundary at 94.81–94.81. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
NZDJPY M15
Double Top
The Double Top pattern has formed on the NZDJPY M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 94.89 is likely to confirm further downward movement.
