NZD/USD – 1H – SELLAdditionally a ‘Bearish SBS White Lines’ candle chart pattern is found. The candles form ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56719 |
| 2nd High | 0.56640 |
| Next High | 0.56243 |
| Current Price | 0.56040 |
| Next Low | 0.55874 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish SBS White Lines