Buy NZD/USD – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.60799 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.60651 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.60799
Next High 0.60651
Current Price 0.60534
Next Low 0.60061
2nd Low 0.59914
3rd Low 0.59870

0.60651 – 0.60799 – 0.60542 – 0.60061 – 0.59914 – 0.59870

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