NZD/USD – 1H – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance line at 0.58688 will persist.

Caution: A possible trend reversal in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

0.58688 – 0.59479 – 0.5964 – 0.58166 – 0.57737 – 0.58914 —
0.58648 – 0.58591 —
62.103746378575 – 57.917913815783 —
– —
0.58688 – 1773698400

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