NZD/USD – 4H – BUY

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

An ascent up to the next resistance at 0.60125 is expected.

Caution: A possible counter-trend in the direction of support at 0.5942 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

0.60125 – 0.6003 – 0.60527 – 0.5942 – 0.59375 – 0.60141 —
0.59935 – 0.59671 —
52.048357443884 – 36.124832801251 —
– —
0.60125 – 1772078400

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