FX.co ★ Patterns NZDJPY | New Zealand Dollar (NZD) to Japanese Yen (JPY) Rate in the Forex market

The Double Top pattern has been formed on NZDJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 90.33 is broken, the downward movement will continue.

The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 90.51 is broken, the downward movement will continue.

According to the chart of M5, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 90.38, the lower border is 90.30. The signal means that a long position should be opened above the upper border 90.38 of the Bullish Rectangle.

According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 90.37/90.44 whereas the upper border goes across 90.50/90.44. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDJPY will breach the upper border to head for 90.59.

The Double Top reversal pattern has been formed on NZDJPY M30. Characteristics: the upper boundary 90.74; the lower boundary 90.32; the width of the pattern is 42 points. Sell trades are better to be opened below the lower boundary 90.32 with a possible movements towards the 90.02 level.

According to the chart of M5, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 90.59 – 90.59 and upper border 90.74 – 90.74. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Top pattern has been formed on NZDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 90.32 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 90.73; the lower boundary 90.60; the width of the pattern is 14 points. Sell trades are better to be opened below the lower boundary 90.60 with a possible movements towards the 90.45 level.

According to the chart of H1, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 90.86/90.55 whereas the lower border goes across 90.09/90.55. The pattern width is measured on the chart at 77 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 90.55 is broken, the price could continue its move toward 90.95.

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 90.86/90.54 whereas the lower border goes across 90.10/90.54. The pattern width is measured on the chart at 76 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 90.54 is broken, the price could continue its move toward 90.84.