NZD/USD – 30M – BUYAlso there is a ‘Shooting Star’ candlestick chart pattern is found. The chart forms ‘Shooting Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56922 |
| 2nd High | 0.56414 |
| Next High | 0.56126 |
| Current Price | 0.55918 |
| Next Low | 0.55715 |
| 2nd Low | |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Shooting Star