Also there is a ‘Double top chart pattern’ chart layout is detected. The chart picture forms ‘Double top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles form ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60786 |
| 2nd High | 0.60629 |
| Next High | 0.6047 |
| Current Price | 0.60235 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.6047 – 0.60629 – 0.60575 – 0.60266 – 0.60191 – 0.59906 —
0.60316 – 0.60341 —
37.467679475476 – 45.676665098204 —
– —
0.6047 – 1770199200
Trading Signals: FOREX – NZD – NZD/USD – USD – Bearish Engulfing – Double top chart pattern – – – – – – – –