Sell NZD/USD – 30M – SELL

There is also a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles form ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 0.57677
2nd High 0.57369
Next High 0.56719
Current Price 0.56455
Next Low 0.56123
2nd Low 0.56076
3rd Low

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