NZD/USD – 30M – SELL

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

A descending movement down to the next support line at 0.57567 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.57784 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The 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).

0.57784 – 0.57783 – 0.57774 – 0.57567 – 0.57578 – 0.57609 —
0.57657 – 0.57752 —
44.188732263967 – 62.713938887154 —
– —
0.57784 – 1764869400

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