NZD/USD – 30M – BUYBesides a ‘Tweezers Bottom’ candle chart pattern is existing. The chart forms ‘Tweezers Bottom’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56719 |
| 2nd High | 0.56607 |
| Next High | 0.56584 |
| Current Price | 0.56523 |
| Next Low | 0.56350 |
| 2nd Low | 0.56333 |
| 3rd Low | 0.56316 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Tweezers Bottom