NZD/USD – 30M – BUYAdditionally a ‘On Neck’ candle pattern is detected. The chart shows ‘On Neck’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.57677 |
| 2nd High | 0.57369 |
| Next High | 0.56619 |
| Current Price | 0.56350 |
| Next Low | 0.56076 |
| 2nd Low | |
| 3rd Low |