NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the descending trendline up.

A bullish ascent up to the next resistance level at 0.60503 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.60141 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. In der Regel bedeutet das ein positives signal. Die Paarung wird wahrscheinlich steigen.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.604485 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.60503 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Up’ chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.60503 – 0.60473 – 0.60756 – 0.60141 – 0.60252 – 0.60387 —
0.60488 – 0.60329 —
57.968032655257 – 41.087478413356 —
– —
0.60503 – 1771011000

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Up – – – – – – – – –