Besides a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.59109 |
2nd High | 0.59044 |
Next High | 0.58807 |
Current Price | 0.58685 |
Next Low | 0.58517 |
2nd Low | 0.58475 |
3rd Low | 0.58285 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down