NZD/USD – 30M – SELLNext a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.
Next a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
Next a ‘Double top chart pattern’ chart pattern is detected. The chart picture shows ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.60291 |
| Current Price | 0.59781 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.60291 – 0.60134 – 0.60187 – 0.59801 – 0.59259 – 0.59247