EURNZD M5 Triple Bottom

The Triple Bottom pattern has formed on the chart of EURNZD M5. Features of the pattern: The lower line of the pattern has coordinates 1.7839 with the upper limit 1.7839/1.7832, the projection of the width is 20 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.7819, the price is most likely to continue the upward movement.