NZD/USD – 30M – BUYThe currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance at 0.58922 is expected.
Caution: A possible change in the direction of the support level at 0.58852 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59047 |
| 2nd High | 0.58970 |
| Next High | 0.58922 |
| Current Price | 0.59144 |
| Next Low | 0.58852 |
| 2nd Low | 0.58806 |
| 3rd Low | 0.58800 |
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers