The combination New Zealand Dollar/US Dollar (NZD/USD) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.59276 is certain.
Caution: A possible change in the direction of the support zone at 0.58336 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ” indicator layout is detected. The indicator shows ”. which is often a bullish signal. The pair is likely to go up.
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In addition a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘StochRSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochRSI Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.60818 |
| 2nd High | 0.59906 |
| Next High | 0.59276 |
| Current Price | 0.59340 |
| Next Low | 0.58336 |
| 2nd Low | 0.58205 |
| 3rd Low | 0.57397 |
0.59276 – 0.58658 – 0.58509 – 0.58336 – 0.58205 – 0.57397 —
0.59128 – 0.59221 —
64.856457073309 – 66.032642762824 —
– —
0.59276 – 1769122800
Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – – – – – – – – –