NZD/USD – 30M – BUY

The combination New Zealand Dollar/US Dollar (NZD/USD) moves from the bearish trendline up.

An ascending movement up to the next resistance at 0.58925 will persist.

Caution: A possible counter-trend in the direction of support at 0.58492 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

And also a ‘Southern Doji’ candlestick pattern is found. The candles show ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.58925 – 0.59206 – 0.59223 – 0.58759 – 0.58978 – 0.58718 —
0.58768 – 0.58574 —
40.749216085716 – 33.064354499622 —
– —
0.58925 – 1776942000

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