FX.co ★ Modèles réels. Analyse technique et recommandations de trading

According to the chart of M15, NZDJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 87.23, the lower border is 87.02. The signal means that a long position should be opened above the upper border 87.23 of the Bullish Rectangle.

According to the chart of M30, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 87.02 – 87.02 and upper border 87.23 – 87.23. In case the upper border is broken, the instrument is likely to follow the upward trend.

On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 87.00; the lower boundary 86.53; the width of the pattern 47 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 86.13 level.

The Double Top reversal pattern has been formed on NZDJPY M30. Characteristics: the upper boundary 86.98; the lower boundary 86.53; the width of the pattern is 47 points. Sell trades are better to be opened below the lower boundary 86.53 with a possible movements towards the 86.23 level.

The technical pattern called Head and Shoulders has appeared on the chart of NZDJPY M5. There are weighty reasons to suggest that the price will surpass the Neckline 86.84/86.86 after the right shoulder has been formed. So, the trend is set to change with the price heading for 86.71.