NZD/USD – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 0.59223 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 0.58492 could occur.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

In addition a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.59223 – 0.59287 – 0.58731 – 0.58492 – 0.57919 – 0.5681 —
0.58617 – 0.58949 —
36.50291593569 – 52.844537583696 —
– —
0.59223 – 1776844800

Trading Signals: FOREX – NZD – NZD/USD – USD – Three White Soldiers – – – – – – – – –