FX.co ★ EURNZD M5: Bullish Rectangle

According to the chart of M5, EURNZD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.8802 and support 1.8781. In case the resistance level 1.8802 - 1.8802 is broken, the instrument is likely to follow the bullish trend.