Moreover a ‘Tweezers Bottom’ candlestick chart pattern is found. The candles show ‘Tweezers Bottom’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.56922 |
2nd High | 0.56414 |
Next High | 0.56126 |
Current Price | 0.55942 |
Next Low | 0.55891 |
2nd Low | 0.55865 |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Tweezers Bottom