NZD/USD – 30M – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Then a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 0.58658 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.58658 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The 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).

0.58658 – 0.58509 – 0.58433 – 0.58205 – 0.58286 – 0.57884 —
0.58448 – 0.58386 —
47.670033493085 – 40.207286542409 —
– —
0.58658 – 1769011200

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –