NZD/USD – 1H – SELLThen a ‘Bearish Belt Hold’ candle pattern is existing. The chart shows ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58171 |
| 2nd High | 0.57926 |
| Next High | 0.56922 |
| Current Price | 0.55931 |
| Next Low | 0.55891 |
| 2nd Low | 0.55865 |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Belt Hold