In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
In addition a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.5964 |
| 2nd High | 0.59287 |
| Next High | 0.59223 |
| Current Price | 0.58473 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.59223 – 0.59287 – 0.58731 – 0.58492 – 0.57919 – 0.5681 —
0.59102 – 0.58617 —
54.153223447041 – 36.502916109716 —
– —
0.59223 – 1776844800
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down – Rising Wedge Chart Pattern – – – – – – – –