NZD/USD – 30M – BUY

The pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance level at 0.58625 will persist.

Caution: A possible change in the direction of the support level at 0.58336 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ” indicator layout is discovered. The indicator shows ”. which could be a positive chart scenario. The pair is likely to go up.

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Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.58625 – 0.58658 – 0.58509 – 0.58336 – 0.58205 – 0.58286 —
0.58616 – 0.58610 —
61.822100690217 – 59.983571238629 —
– —
0.58625 – 1769061600

Trading Signals: FOREX – NZD – NZD/USD – USD – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –