was formed on 23.06 at 13:07:03 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 87.14 - 0.00 and support 87.02 – 87.02. In case the resistance level 87.02 - 87.02 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
