NZD/USD – 30M – BUY

The currency pair New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline up.

A bullish trend upwards to the next resistance level at 0.6047 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 0.59762 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘StochOSC Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘StochOSC Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ candlestick pattern is found. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.6047 – 0.60629 – 0.60575 – 0.59762 – 0.59872 – 0.60266 —
0.59879 – 0.59894 —
38.169381128704 – 38.148031105447 —
– —
0.6047 – 1770199200

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Up – – – – – – – – –