
On the chart of NZDJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 85.43; the lower boundary 84.86; the width of the pattern 57 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 84.71 level.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction