And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.57080606 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.57267 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.58428 |
| 2nd High | 0.57352 |
| Next High | 0.57267 |
| Current Price | 0.56896 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.57267 – 0.57166 – 0.56894 – 0.56891 – 0.56608 – 0.56404 —
0.56861 – 0.56844 —
34.884839645929 – 35.839834576108 —
– —
0.57267 – 1783069200
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –