NZD/USD – 30M – SELL

There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Current target is 0.56737444 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 0.56963 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.56963 – 0.56282 – 0.56213 – 0.56623 – 0.55909 – 0.5592 —
0.56927 – 0.56958 —
67.790276078187 – 67.643993572067 —
– —
0.56963 – 1764133200

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double top retreat up – – – – – – – –