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The Double Bottom pattern has been formed on EURNZD D1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.9851 is broken. The further movements will rely on the width of the current pattern 355 points.

The Double Bottom pattern has been formed on EURNZD D1. Characteristics: the support level 1.9496; the resistance level 1.9851; the width of the pattern 355 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 342 points.

The Double Bottom pattern has been formed on EURNZD M5; the upper boundary is 1.9971; the lower boundary is 1.9956. The width of the pattern is 15 points. In case of a break of the upper boundary 1.9971, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

According to the chart of M30, EURNZD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0020, the lower border is 1.9999. The signal means that a long position should be opened above the upper border 2.0020 of the Bullish Rectangle.

According to the chart of M15, EURNZD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0020, the lower border is 1.9999. The signal means that a long position should be opened above the upper border 2.0020 of the Bullish Rectangle.