Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.
Next a ‘Latter Bottom’ candlestick chart pattern is existing. The chart forms ‘Latter Bottom’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59565 |
| 2nd High | 0.59552 |
| Next High | 0.59066 |
| Current Price | 0.59079 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.59066 – 0.59552 – 0.59565 – 0.58608 – 0.58356 – 0.59158 —
0.58962 – 0.59085 —
52.371625967607 – 57.099427867978 —
– —
0.59066 – 1772573400
Trading Signals: FOREX – NZD – NZD/USD – USD – Latter Bottom – – – – – – – – –