NZD/USD – 30M – BUYThe pair New Zealand Dollar/US Dollar (NZD/USD) goes from the ascending trendline downwards
A descending movement down to the next support level at 0.57537 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.57926 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58877 |
| 2nd High | 0.58171 |
| Next High | 0.57926 |
| Current Price | 0.57598 |
| Next Low | 0.57537 |
| 2nd Low | 0.57534 |
| 3rd Low |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers