NZD/USD – 1H – BUY

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

An ascending movement upwards to the next resistance at 0.5752 is likely expected.

Caution: A possible counter-trend in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

There is also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.5752 – 0.57556 – 0.57821 – 0.57251 – 0.57309 – 0.573 —
0.57460 – 0.57472 —
51.833995901119 – 52.119791825865 —
– —
0.57520 – 1768474800

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