NZD/USD – 30M – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) goes from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 0.58202 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.57742 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.58202 – 0.58244 – 0.5789 – 0.57742 – 0.57608 – 0.57729 —
0.57979 – 0.58031 —
40.607013840322 – 49.494900218818 —
– —
0.58202 – 1765425600

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