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

The Bearish Flag pattern has formed on the NZDJPY M5 chart, signaling a likely continuation of the downtrend. If the price breaks below the pattern low at 88.40, it is likely to move further downward. The projected move corresponds to the flagpole height of 31 points.

The Bearish Pennant pattern has formed on the NZDJPY M5 chart and signals a potential continuation of the existing trend. The pattern low is at 88.40, and the projected flagpole height is 31 points. If the price breaks below the pattern low at 88.40, the downtrend is expected to continue toward 88.25.

The Triple Bottom pattern has formed on the NZDJPY M5 chart. It has the following characteristics: resistance at 89.03; support at 88.85; pattern width of 18 points. If the confirmation resistance at 89.06 is broken, the price is likely to continue upward by at least 21 points.

The Double Bottom pattern has formed on the NZDJPY M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 89.06. The projected move is based on the pattern width of 22 points.

The Bullish Symmetrical Triangle pattern has formed on the NZDJPY M15 chart. Its lower boundary passes through 88.59/89.06, while its upper boundary passes through 89.48/89.06. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, NZDJPY is expected to break the upper boundary and move toward 89.29.

The Double Bottom pattern has formed on the NZDJPY M5 chart. Its upper boundary is at 89.16, its lower boundary is at 89.10, and its width is 6 points. A break above the upper boundary at 89.16 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bearish Symmetrical Triangle pattern has formed on the NZDJPY M5 chart. Its lower boundary passes through 88.65/88.83, while its upper boundary passes through 88.98/88.83. The pattern width is 33 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDJPY breaks below the lower boundary, the price could move toward 88.68.

The Bearish Rectangle has formed on the NZDJPY M15 chart. This is a trend continuation pattern bounded by the lower boundary at 88.89–88.89 and the upper boundary at 89.14–89.14. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Bearish Rectangle has formed on the NZDJPY M30 chart and indicates a likely continuation of the trend. Its resistance zone is at 89.14–89.14 and its support zone is at 88.89–88.89. A break below support at 88.89 is likely to signal a continuation of the bearish trend.

The Double Bottom pattern has formed on the NZDJPY M30 chart. Its upper boundary is at 89.14, its lower boundary is at 88.91, and its width is 25 points. A break above the upper boundary at 89.14 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.