According to the chart of M5, EURNZD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.9072/1.9108 and upper border is 1.9137/1.9108. The pattern width is measured on the chart at -65 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURNZD breaches the lower border, the price could continue its move toward 1.9093.