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FX.co ★ EURNZD M5: Triple Top

EURNZD M5: Triple Top

Triple TopThe Triple Top pattern has formed on the chart of the EURNZD M5 trading instrument. It is a reversal pattern with resistance at 1.9935/1.9933, support at 1.9917/1.9925, and a width of 18 points. A break below the confirmation support at 1.9917 may signal further downward movement.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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