In addition a ‘Head and Shoulder chart pattern’ chart pattern is detected. The chart picture forms ‘Head and Shoulder chart pattern’. which is a bearish signal. The currency pair is likely to fall.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.61200 |
| Next High | 0.61058 |
| Current Price | 0.60724 |
| Next Low | 0.60565 |
| 2nd Low | 0.60368 |
| 3rd Low | 0.60288 |
0.61058 – 0.61200 – 0.60985 – 0.60807 – 0.60750 – 0.60565
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – Head and Shoulder chart pattern