NZD/USD – 4H – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline up.

The bullish trend up to the next resistance line at 0.5926 is considered certain.

Caution: A possible counter-trend in the direction of support at 0.58147 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.59287 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 0.5926 could be enabled.
Consider stop-loss settings accordingly.

0.5926 – 0.59235 – 0.59223 – 0.58147 – 0.58397 – 0.58492 —
0.58982 – 0.58947 —
43.005996508645 – 51.27382852902 —
– —
0.5926 – 1777867200

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