NZD/USD – 30M – BUY

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

A continuation of the upward movement up to the next resistance line at 0.59944 is expected.

Caution: A possible change in the direction of the support line at 0.59569 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.59944 – 0.59867 – 0.60125 – 0.59569 – 0.59591 – 0.5957 —
0.59858 – 0.59895 —
47.298220892264 – 48.69142631856 —
– —
0.59944 – 1772175600

Trading Signals: FOREX – NZD – NZD/USD – USD – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –