was formed on 09.06 at 07:57:25 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6036 and support 0.6026. In case the resistance level 0.6036 - 0.6036 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength