NZD/USD – 30M – BUYBesides a ‘Bullish Engulfing’ candle pattern is found. The chart forms ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56462 |
| 2nd High | 0.56243 |
| Next High | 0.56104 |
| Current Price | 0.56060 |
| Next Low | 0.55927 |
| 2nd Low | 0.55865 |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Engulfing