FX.co ★ EURNZD M5: Bullish Symmetrical Triangle

According to the chart of M5, EURNZD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.8948 and 1.8870 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 78 pips. Outlook: If the upper border 1.8948 is broken, the price is likely to continue its move by 1.8930.