NZD/USD – 1H – BUYAlso there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
Also there is a ‘Bullish Belt Hold’ candle pattern is found. The candles show ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60007 |
| 2nd High | 0.59863 |
| Next High | 0.59771 |
| Current Price | 0.59755 |
| Next Low | 0.58932 |
| 2nd Low | 0.58859 |
| 3rd Low | 0.58302 |
0.59771 – 0.59508 – 0.59493 – 0.58932 – 0.58979 – 0.59264
Trading Signals: FOREX – NZD – NZD/USD – USD – Bullish Belt Hold