NZD/USD – 1H – SELL

The pair New Zealand Dollar/US Dollar (NZD/USD) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support at 0.59375 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.60043 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. 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 ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.60043 – 0.59944 – 0.60125 – 0.59569 – 0.59591 – 0.5942 —
0.59591 – 0.59565 —
35.82185539683 – 48.685501720974 —
– —
0.60043 – 1772215200

Trading Signals: FOREX – NZD – NZD/USD – USD – Matching Low – – – – – – – – –