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Bearish Symmetrical Triangle
was formed on 05.06 at 00:31:51 (UTC+0)
signal strength 3 of 5

Bearish Symmetrical Triangle EURNZD M30

According to the chart of M30, EURNZD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.8907/1.8932 and upper border is 1.8965/1.8932. The pattern width is measured on the chart at -58 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURNZD breaches the lower border, the price could continue its move toward 1.8902.

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