NZD/USD – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 0.57921 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.57921 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.57921 – 0.57911 – 0.57867 – 0.57583 – 0.57739 – 0.57667 —
0.57755 – 0.57871 —
50.775506182639 – 62.55525608115 —
– —
0.57921 – 1765206000

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