The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.60786 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.6032 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.6089 |
| 2nd High | 0.60822 |
| Next High | 0.60786 |
| Current Price | 0.60701 |
| Next Low | 0.6032 |
| 2nd Low | 0.59967 |
| 3rd Low | 0.59279 |
0.60609 – 0.60594 – 0.60265 – 0.6032 – 0.60329 – 0.60322 —
0.60664 – 0.60655 —
59.993751083993 – 62.899358855048 —
– —
0.60609 – 1770741000
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – Double bottom chart pattern – – – – – – – –