NZD/USD – 1H – BUY

In addition a ‘Double bottom chart pattern’ chart formation is existing. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The pair is likely to go up.

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

A bullish movement upwards to the next resistance at 0.60479 is certain.

Caution: A possible counter-trend in the direction of support at 0.60187 is also possible.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. 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 is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.60479 – 0.60503 – 0.60756 – 0.60187 – 0.60141 – 0.60252 —
0.60495 – 0.60339 —
61.321153591945 – 49.78471022978 —
– —
0.60479 – 1771239600

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – Double bottom chart pattern – – – – – – – –