
According to the chart of M30, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 85.51/85.22 whereas the lower border goes across 84.82/85.22. The pattern width is measured on the chart at 69 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 85.22 is broken, the price could continue its move toward 85.52.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade