NZD/USD – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.56269 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 0.56384 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.56384 – 0.56145 – 0.56431 – 0.55791 – 0.55896 – 0.56276 —
0.55949 – 0.56050 —
46.784353955882 – 49.531413144028 —
– —
0.56384 – 1763656200

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Double top retreat up – – – –