was formed on 21.05 at 19:30:17 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
According to the chart of H1, NZDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 85.24 – 85.24 and upper border 85.71 – 85.71. In case the lower border is broken, the instrument is likely to follow the downward trend.
Figure
Instrument
Timeframe
Trend
Signal Strength