The currency pair New Zealand Dollar/US Dollar (NZD/USD) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 0.59099 is certain.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candle pattern is found. 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.59456 |
| 2nd High | 0.59152 |
| Next High | 0.59099 |
| Current Price | 0.59085 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.59099 – 0.59152 – 0.59143 – 0.5848 – 0.58572 – 0.58725 —
0.58939 – 0.58880 —
61.479079745892 – 54.942181089412 —
– —
0.59099 – 1772827200
Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –