NZD/USD – 30M – BUY

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.55896 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.56145 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Southern Doji’ candlestick chart pattern is discovered. The chart shows ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.56145 – 0.56431 – 0.56747 – 0.55896 – 0.56276 – 0.56466 —
0.56125 – 0.56162 —
52.267850224231 – 46.587104303167 —
– —
0.56145 – 1763602200

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