NZD/USD – 30M – BUYAnd also a ‘Hammer’ chart pattern is detected. The candles show ‘Hammer’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.56719 |
| 2nd High | 0.56640 |
| Next High | 0.56462 |
| Current Price | 0.56427 |
| Next Low | 0.55930 |
| 2nd Low | 0.55927 |
| 3rd Low | 0.55865 |