NZD/USD – 1H – BUY

And also a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.563385 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.56153 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. 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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.56153 – 0.56384 – 0.56747 – 0.55823 – 0.55791 – 0.55896 —
0.56141 – 0.56090 —
56.691757410766 – 46.180877470051 —
– —
0.56153 – 1763766000

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