Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.58930864 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.58915 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59235 |
| 2nd High | 0.59173 |
| Next High | 0.58915 |
| Current Price | 0.58699 |
| Next Low | 0.58207 |
| 2nd Low | 0.58147 |
| 3rd Low | 0.57919 |
0.58454 – 0.58915 – 0.58898 – 0.58207 – 0.58147 – 0.5856 —
0.58457 – 0.58686 —
54.327712065099 – 66.527806884969 —
– —
0.58454 – 1777519800
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –