NZD/USD – 30M – BUY

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

A bullish trend up to the next resistance at 0.60355 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.60187 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD Hidden Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.

Also there is a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator shows ‘MACD-Hist Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.60425532 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.60355 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ heading up is 82%.

0.60355 – 0.60479 – 0.60503 – 0.60187 – 0.60296 – 0.60225 —
0.60301 – 0.60305 —
48.122809275633 – 45.109543522823 —
– —
0.60355 – 1771281000

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – Double bottom retreat down – – – – – – – –