NZD/USD – 30M – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.60577612 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 0.60629 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

0.60629 – 0.60575 – 0.60259 – 0.60266 – 0.60191 – 0.59906 —
0.60332 – 0.60465 —
42.445937684439 – 47.863499087153 —
0.60266 – 1770183000 —
0.60629 – 1770161400

Trading Signals: FOREX – NZD – NZD/USD – USD – – Double top chart pattern – – – – – – – –