NZD/USD – 4H – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the ascending trendline upwards

A continuation of the upward movement upwards to the next resistance at 0.58011 will persist.

Caution: A possible change in the direction of the support level at 0.57106 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

In addition a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.57512 – 0.5691 – 0.56698 – 0.57106 – 0.55909 – 0.55791 —
0.57774 – 0.57693 —
69.259128425572 – 60.973818620587 —
– —
0.57512 – 1764590400

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