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Bearish Rectangle
was formed on 21.05 at 04:39:35 (UTC+0)
signal strength 3 of 5

Bearish Rectangle NZDJPY M30

According to the chart of M30, NZDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 85.70 - 0.00 and support 85.29 – 85.29. In case the resistance level 85.29 - 85.29 is broken, the instrument is likely to follow the bearish trend.

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