Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The 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 | 0.5819 |
| 2nd High | 0.57776 |
| Next High | 0.57705 |
| Current Price | 0.57455 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.57705 – 0.57776 – 0.57703 – 0.57421 – 0.5733 – 0.57552 —
0.57580 – 0.57604 —
45.908803866448 – 53.817792067245 —
– —
0.57705 – 1767396600
Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Down – Double top retreat up – – – – – – – –