FX.co ★ NZDUSD M5: Triple Bottom

The Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5868/0.5866; support level 0.5859/0.5860; the width is 9 points. In the event of a breakdown of the resistance level of 0.5868, the price is likely to continue an upward movement at least to 0.5876.