Buy NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance level at 0.5744 will continue.

Caution: A possible trend reversal in the direction of the support line at could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. 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).

Support & Resistance Price Range*
3rd High 0.58011
2nd High 0.57881
Next High 0.5744
Current Price 0.57292
Next Low
2nd Low
3rd Low

0.5744 – 0.57432 – 0.57313 – 0.57234 – 0.5717 – 0.57084 —
0.57421 – 0.57316 —
58.056679628565 – 46.668978872299 —
– —
0.57440 – 1764558000

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