NZD/USD – 30M – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the descending trendline up.

A bullish trend upwards to the next resistance level at 0.56747 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.56483 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.56747 – 0.5691 – 0.56822 – 0.56483 – 0.56574 – 0.56749 —
0.56531 – 0.56491 —
36.536029367012 – 33.579787415437 —
– —
0.56747 – 1763406000

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