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FX.co ★ NZDUSD H1: Triple Bottom

NZDUSD H1: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on NZDUSD H1. It has the following characteristics: resistance level 0.5657/0.5628; support level 0.5603/0.5615; the width is 54 points. In the event of a breakdown of the resistance level of 0.5657, the price is likely to continue an upward movement at least to 0.5648.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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