NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance level at 0.57921 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 0.57667 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Additionally a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.57921 – 0.57911 – 0.57867 – 0.57739 – 0.57667 – 0.57567 —
0.57921 – 0.57689 —
58.674905791476 – 42.010732655721 —
0.57921 – 1765206000 —
– 1765206000

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