NZD/USD – 1H – BUYFurthermore a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.
Furthermore a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58447 |
| 2nd High | 0.5806 |
| Next High | 0.58011 |
| Current Price | 0.57790 |
| Next Low | 0.57567 |
| 2nd Low | 0.57341 |
| 3rd Low | 0.57106 |
0.57784 – 0.57774 – 0.57443 – 0.57567 – 0.57609 – 0.57341 —
0.57657 – 0.57777 —
47.696124719419 – 61.092611603537 —
– —
0.57784 – 1764867600
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold – Double bottom chart pattern – – – – – – – –