Also there is a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. 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 | 0.58886 |
2nd High | 0.58877 |
Next High | 0.58081 |
Current Price | 0.57703 |
Next Low | |
2nd Low | |
3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down