There is also a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. which is a bullish signal. The currency pair is likely to go up.
There is also a ‘Latter Bottom’ candle pattern is existing. The candles show ‘Latter Bottom’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56747 |
| 2nd High | 0.56431 |
| Next High | 0.56384 |
| Current Price | 0.56103 |
| Next Low | 0.55823 |
| 2nd Low | 0.55791 |
| 3rd Low | 0.5485 |
0.56069 – 0.56384 – 0.56145 – 0.55823 – 0.55791 – 0.55896 —
0.56113 – 0.56098 —
57.37140372827 – 55.520227609643 —
– —
0.56069 – 1763721000
Trading Signals: FOREX – NZD – NZD/USD – USD – Latter Bottom – Double bottom chart pattern – – – – – – – –