NZD/USD – 30M – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.5858 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 0.59276 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candle chart pattern is found. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.59276 – 0.58625 – 0.58658 – 0.58336 – 0.58205 – 0.58286 —
0.59116 – 0.59085 —
55.964413924008 – 47.977701817401 —
– —
0.59276 – 1769124600

Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low – – – – – – – – –