Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.603104 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 0.60022 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ candle pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60629 |
| 2nd High | 0.6047 |
| Next High | 0.60022 |
| Current Price | 0.60031 |
| Next Low | 0.59279 |
| 2nd Low | 0.5891 |
| 3rd Low | 0.58336 |
0.60022 – 0.59972 – 0.6047 – 0.59279 – 0.59684 – 0.59797 —
0.59891 – 0.59981 —
67.501073104898 – 68.87944955002 —
– —
0.60022 – 1770305400
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – Double top chart pattern – – – – – – – –