NZD/USD – 30M – BUY

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

The bullish trend upwards to the next resistance line at 0.58389 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.58108 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Rising Window’ candle chart pattern is detected. The candles show ‘Rising Window’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Rising Window’ going up is 75% (Bull Market) & 72% (Bear Market).

0.58389 – 0.58441 – 0.58322 – 0.58108 – 0.5769 – 0.57854 —
0.58359 – 0.58309 —
56.528560518757 – 52.158673824668 —
– —
0.58389 – 1781267400

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