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Bearish Symmetrical Triangle
was formed on 04.06 at 03:00:36 (UTC+0)
signal strength 3 of 5

Bearish Symmetrical Triangle NZDUSD M30

According to the chart of M30, NZDUSD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.5982/0.5996 and upper border is 0.6007/0.5996. The pattern width is measured on the chart at -25 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 NZDUSD breaches the lower border, the price could continue its move toward 0.5966.

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