NZD/USD – 1H – BUY

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

Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.59481 – 0.59066 – 0.60043 – 0.58356 – 0.59158 – 0.59569 —
0.59404 – 0.59242 —
53.51765929133 – 47.800529407015 —
– —
0.59481 – 1772679600

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