NZD/USD – 30M – SELL

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is found. The chart shows ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

0.58428 – 0.58293 – 0.58626 – 0.58208 – 0.57945 – 0.58216 —
0.58334 – 0.58277 —
49.712021104639 – 42.03679248986 —
– —
0.58428 – 1781636400

Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Engulfing – – – – – – – – –