And also a ‘Double bottom retreat down’ chart pattern is existing. The chart forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.
And also a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
And also a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56431 |
| 2nd High | 0.56384 |
| Next High | 0.56069 |
| Current Price | 0.56045 |
| Next Low | 0.55823 |
| 2nd Low | 0.55791 |
| 3rd Low | 0.5485 |
0.56069 – 0.56384 – 0.56145 – 0.55823 – 0.55791 – 0.55896 —
0.56070 – 0.56122 —
56.868692706953 – 58.784920000006 —
– —
0.56069 – 1763721000
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double bottom retreat down – – – – – – – –