FX.co ★ EURNZD M15: Triple Bottom

The Triple Bottom pattern has formed on the chart of EURNZD M15. Features of the pattern: The lower line of the pattern has coordinates 2.0211 with the upper limit 2.0211/2.0209, the projection of the width is 17 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 2.0194, the price is most likely to continue the upward movement.