NZD/USD – 1H – SELLMoreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Last Engulfing Bottom:’ chart pattern is detected. The candles show ‘Last Engulfing Bottom:’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58921 |
| 2nd High | 0.58915 |
| Next High | 0.58869 |
| Current Price | 0.58162 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.58869 – 0.58915 – 0.58921 – 0.57617 – 0.57978 – 0.57847 —
0.58397 – 0.58288 —
50.111104580673 – 43.29523903998 —
– —
0.58869 – 1774288800
Trading Signals: FOREX – NZD – NZD/USD – USD – Last Engulfing Bottom: – – – – – – – – –