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The Double Bottom pattern has been formed on NZDJPY M15. Characteristics: the support level 87.47; the resistance level 87.59; the width of the pattern 12 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 12 points.

According to the chart of M15, NZDJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 87.70 and 87.49 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 87.70 is broken, the price is likely to continue its move by 87.82.

According to the chart of M15, NZDJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 87.50 – 87.50 and upper border 87.70 – 87.70. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Bottom pattern has been formed on NZDJPY M5; the upper boundary is 87.28; the lower boundary is 87.13. The width of the pattern is 15 points. In case of a break of the upper boundary 87.28, 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.

The Double Bottom pattern has been formed on NZDJPY M15. Characteristics: the support level 87.46; the resistance level 87.61; the width of the pattern 15 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 16 points.