NZD/USD – 1H – SELL

The currency pair New Zealand Dollar/US Dollar (NZD/USD) jumps from the descending trendline down.

A continuation of the downward movement down to the next support at 0.57413 will continue.

Caution: A possible change in the direction of resistance at 0.58421 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.57776 – 0.58421 – 0.58529 – 0.57413 – 0.5733 – 0.57396 —
0.57879 – 0.58095 —
64.926200429395 – 69.887171558188 —
– —
0.57776 – 1767373200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Black Crows – – – – – – – – –