Also there is a ‘Bullish Engulfing’ chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.60374 |
2nd High | 0.59286 |
Next High | 0.58886 |
Current Price | 0.57562 |
Next Low | 0.57534 |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Engulfing