NZD/USD – 1H – BUY

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 0.57929 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.581 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.5752 – 0.57556 – 0.57821 – 0.57397 – 0.57251 – 0.57309 —
0.57869 – 0.57952 —
70.966744291389 – 71.291886258708 —
– —
0.57520 – 1768474800

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