
According to the chart of M5, EURNZD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.8594 and support 1.8583. In case the resistance level 1.8594 - 1.8594 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.