NZD/USD – 4H – BUY

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 0.56901 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 0.5691 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.5691 – 0.56698 – 0.58011 – 0.55791 – 0.56342 – 0.56057 —
0.56121 – 0.56261 —
45.576947469092 – 52.967480028487 —
– —
0.56910 – 1763092800

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