NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.

A bullish trend up to the next resistance line at 0.59906 will continue.

Caution: A possible change in the direction of the support zone at is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

0.59906 – 0.59746 – 0.59609 – 0.59655 – 0.59502 – 0.5957 — 44.052554484073 – 50.757641156535 — 84.01260090569 – 84.01260090569 – 76.196360456868 – 81.082581921306

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – – –