NZD/USD – 30M – BUY

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 0.59101 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.59085 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Up’ candlestick chart pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.59085 – 0.59101 – 0.58454 – 0.58207 – 0.58147 – 0.5856 —
0.59059 – 0.58937 —
65.455795634041 – 40.485337593509 —
– —
0.59085 – 1777611600

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