NZD/USD – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.59423 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.59188 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.59423 – 0.59386 – 0.59907 – 0.59188 – 0.59174 – 0.59070 — 41.812934874027 – 43.735338407267 — 20.928328789013 – 40.252438564472 – 8.4886747468625 – 21.906154268353

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