NZD/USD – 30M – BUY

There is also a ‘Head and Shoulder chart pattern’ chart pattern is found. The chart picture forms ‘Head and Shoulder chart pattern’. this is a bearish signal. The pair is likely to go down.

There is also a ‘Southern Doji’ candlestick chart pattern is discovered. The chart shows ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.61058 – 0.61200 – 0.60985 – 0.60807 – 0.60750 – 0.60565

Trading Signals: FOREX – NZD – NZD/USD – USD – Southern Doji – Head and Shoulder chart pattern